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Scottish Life appoints deputy chief executive

Scottish Life has appointed Ruaridh Budge as deputy chief executive from January 1. He has been with the company for 28 years and is currently acting as chief executive until Brian Duffin takes over the role at the start of next year.

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Hogg Robinson restructures business into three units

IFA Hogg Robinson has announced a restructuring of its financial services arm into three new businesses.Advizas with deal with IFAs, Paymaster will deal with outsourced payments and processing and Entegria with benefits consulting.Chief executive David Radcliffe says: &#34Companies are seeking to reduce costs and maximise efficiency. The new structure will enable the individually branded businesses […]

Hiscox offers internationally-invested insurance trust

Hiscox Investment Management is launching the first investment fund to focus on the international insurance sector.The Hiscox Insurance Portfolio has already raised over £5m from an initial offer to existing clients at LLoyd&#39s.Between 60 per cent and 70 per cent of the fund is expected to be invested in international insurance businesses listed on major […]

Household Mortgage Corporation cuts rates

The Household Mortgage Corporation is lowering the interest rate on its standard and self-certified fixed-rate mortgage schemes for a limited period.The standard scheme with loans up to 95 per cent of the purchase price will be 6.75 per cent and the new rate for the self-certified scheme will be 7.25 per cent.Both rates will be […]

CGU projects environmental image

CGU Life plans to project an illuminated 20-foot Energy Efficiency logo on to its head office building to demonstrate its commitment to environmental issues.The stunt is part of a national campaign being run by the Energy Efficiency Advice Centre to promote the reduction of wasteful energy usage.CGU Life head of facilities Rob Brown says: &#34We […]

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