View more on these topics

Search is on for £150k chief exec

Dublin-based financial services company International Finance Group is

believed to be searching for a new chief executive for its UK IFA arm, IFG

Life and Pensions.

Industry experts believe a recruitment ad for an unnamed personal

financial services group looking for a chief executive for its UK IFA

subsidiary relates to IFG.

The ad states the IFA business has annual fee and commission income of

£25m and operating profits of £8m. It offers a salary of

£150,000 plus bonus and equity participation.

At the announcement of IFG&#39s annual results in April group chief executive

Richard Hayes said he aims to grow a nationwide chain of IFAs in Britain

and Ireland.

IFG has made several recent acquisitions in the UK to expand its IFA

business including Berkeley Jacobs retirement advisers for around £12m

last September and the Isa Shop for around £12m in December.


Emerging market volatility highlighted

Emerging markets have proved a volatile investment sector over recent years, according to a report from Standard & Poor&#39s.The report shows the value shares in the S&P composite index of global emerging markets fell by 20 per cent in 1998, rose by 62 per cent in 1999 and then fell by 30 per cent in […]

Stake in the future

I want to save money for my grandchildren but I am concerned at therelatively poor returns from bank and building society accounts. Whatalternatives do I have? Investing some money is an extremely good way of giving a child a headstart in life. This investment can be in the form of a one-off lump sum orregular […]

Private Label offering free overpayments

Packager Private Label is offering to fund automatic overpayments for thefirst five years on its new flex-ible tracker mortgage. Following research sho-wing that the majority of borrowers with flexiblemortgages do not make overpayments each month, Private Label has designedits mortgage to perform this function for them free of charge. Funded by the Halifax&#39s specialist lending […]

Seeing the light

In the latest Money Marketing June With-Profits Focus survey of mortgageendowment shortfalls, several life offices refused to disclose whatpercentage of their reprojection letters were red, green or amber. Shouldthey be forced to make these figures public? Batchelor: As this type of mortgage repayment vehicle has taken a backseat in recent times, with most consumers electing […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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 thought leadership.

    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