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RSM Tenon appoints former Matrix CEO as chief exec

RSM Tenon has appointed former Matrix CEO Chris Merry as its chief executive officer.

Merry was chief executive of Matrix Group between 2007 and mid-2011. Prior to this Merry has had roles at Winfred Mann, where he was finance director and then CEO between 2004 and 2006, and was also finance director at Clifford Chance.

His appointment will see Adrian Martin assume the role of non-executive chairman.

Martin, who was deputy chairman and senior independent director at the firm, was appointed executive chairman of the national firm of accountants and advisers after the group announced that chairman Bob Morton and chief executive officer Andy Raynor had both stepped down from their roles at the firm last month.

RSM Tenon also revealed last month that it has been carrying out a review of its financial reporting following the appointment of Adrian Gardner as chief financial officer in October 2011. It says this review may lead to restatements of its accounts to June 30, 2011 as a prior year adjustment as well as to incur certain non-recurring, non-cash charges in the six months to December 31, 2011, that were not included inside additional expectations.

Commenting on his appointment, Merry says: “Whilst RSM Tenon is undoubtedly going through a challenging period, there is a strong underlying business and a solid platform for the future.  I look forward to working with the executive team to restructure and build the business for the long term.”


Liechtenstein deal extended by HMRC

HM Revenue & Customs has extended the Liechtenstein disclosure facility after 2,000 UK taxpayers came clean under the agreement.HMRC says the number of respondents exceeded its expectations. The LDF, which started on September 1, 2009, means after full disclosure, a fine of up to 20 per cent of tax due will be levied instead of […]


Hogarth: We will soon know the winners and losers of the RDR

What a year this promises to be. First, we have a long awaited spectacle where the very best of the best will compete against each other in a desperate race to the finish. The winners will be showered will praise and glory while the losers will fall by the wayside. I am talking, of course, […]

Amps committee to focus on platforms

The Association of Member-directed Pension Schemes is forming a platform sub-committee to reflect anticipated growth in the market.The Sipp and SSAS provider trade body says the sub-committee is being established to reflect the increasing importance of platforms in the pension sector. It will be chaired by James Hay head of technical support Neil MacGillivray. Chairman […]

Creating opportunity out of change

By Denise Wond, marketing manager The buy-to-let market has recently been the subject of a raft of tax changes, all of which make it a less profitable and less appealing proposition for investors. In response, we’ve seen a dip in demand for BTL mortgages and that’s bad news for many advisers who will now be looking […]


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