View more on these topics

Sandler takes over education role from Godfrey

Ron Sandler, architect of the Treasury&#39s long-term savings review, is to become chairman of the Personal Finance Education Group as Daniel Godfrey steps down.

AITC director general Godfrey is stepping down from the PFEG after four years.

Sandler dismissed speculation that he would apply for the role of FSA chairman when outgoing chairman Howard Davies leaves in September to become director at the London School of Economics. Candidates had to apply for the FSA post by this week.

Speaking on the Today Programme on BBC Radio 4 this week, Sandler denied that he had any interest in the job of chief financial regulator.

He says he is “passionately committed” to his position at the PFEG.

His task will involve him bringing together the Government, the FSA, consumer bodies and teachers to devise ways to boost financial literacy and competence in UK schools.

Sandler&#39s goal will be to continue making the strides made by Godfrey, who is credited by PFEG chief executive Wendy van den Hende with improving the financial awareness of school-leavers.

She says: “I am looking forward to working with Ron to develop PFEG&#39s work. I would like to thank Daniel, whose valuable support, drive and vision have been extremely helpful.”

Sandler says: “The delivery of personal finance education in schools has to be at the heart of any sustained programme to improve financial literacy standards. Creating successive generations of financially aware young people will bring enormous benefits.”

Simpsons of Brighton IFA partner Andrew Merricks says: “There were probably a limited number of suitable candidates so the appointment of Sandler is as good as one could hope.”

Recommended

TMB boosts packagers to 150

HBOS specialist lending subsidiary The Mortgage Business increased the number of packagers it does business with from 108 to 150 between 2001 and 2002. It says packaged business accounts for 65 per cent of its total lending, up from 3 per cent in 1997. TMB&#39s net mortgages advanced last year totalled £3.5bn compared with £2bn […]

Abbey Nat gets on board Ship

Abbey National has joined Safe Home Income Plans, the voluntary regulator for equity-release providers.It brings the total Ship membership to 13. The bank will be bound by Ship&#39s code of conduct, which includes the requirement for a client&#39s independent solicitor to sign a certificate of agreement before a sale can be completed.Equity release is a […]

Bear market prompts caution by women but men still favour equities

Women are reacting more cautiously to the continuing bear market and are more likely to choose bond funds than men, according to research conducted on behalf of Fidelity Investments.The company says 25 per cent of females plan to invest solely in bond funds this Isa season while men are much less risk-averse, with only 7 […]

Opra reappoints Edmans and Beaver to its board

The Occupational Pensions Regulatory Authority has reappointed Aegon director of corporate development Laurie Edmans and Mercer actuary Wendy Beaver to its board. In addition to the appointments by secretary of state for work and pensions Andrew Smith, Joanne Segars, Hugh Brown and Mike Jones have had their board positions extended by six months. The Government […]

Bonds going bust? Not so fast….

In recent months bond bears have been reinvigorated, and market commentary suggesting “the end of the bond (bull) market is near” has become commonplace. We think these comments are premature. Explaining the global government bond sell-off October has seen renewed pressure on global government bonds, initially provoked by a Bloomberg article suggesting that the ECB […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com