Skipton Financial Services, the IFA arm of Skipton Building Society, has appointed two new associate directors as part of its growth plans.
Former head of branch sales Paul Isherwood has been appointed to associate director of sales, taking responsibility for managing SFS's team of 40 advisers and six managers specialising in inv-estment and inheritance tax planning.
Corporate investments project manager Alison Miller steps up to associate director of business development to enhance customer relations and raise the IFA's brand awareness.
Skipton is also launching a new five-year guaranteed growth bond promising minimum returns of at least 126 per cent of the initial investment.
Minimum investment is £2,000 and maximum £10,000. It offers the potential to earn 50 per cent gross over five years or 8.45 per cent AER by tracking the FTSE 100 index.
Investors get a guaranteed 8 per cent return for each year that the FTSE rises compared with the previous year and a 10 per cent bonus in the final year if it increases in every one of the five years.
Head of corporate communications Mark Smith-eringale says: “This represents an outstanding investment opportunity at a time of economic uncertainty.”