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SME sales director for Lloyds TSB

Lloyds TSB has appointed Guy Herrington as its new sales and marketing director of business banking sales covering IFAs and small business clients.

Part of his role will be to develop a strategy designed to help all customers, including smaller businesses, improve their financial situation.

Herrington, 42, was previously area director business banking for Lloyds TSB in Surrey and North Sussex responsible for all aspects of customer service and business development in the region.

As part of that role he was also seconded to the Department of Trade and Industry&#39s SME policy directorate to be part of the team that launched the national business angels network to help small to medium-sized companies access equity finance.


Lenders and packagers agree deal on corrie definitions

A new forum involving the UK&#39s main correspondent lenders and packagers has established industry definitions for the first time in a bid to end confusion in the correspondent market.The definitions were thrashed out at the meeting in London last week organised by mortgage funder National Guarantee involving the main players in the sector, including GMAC-RFC, […]

Newbury Building Society – Jubilee Bond

Wednesday, 26 June 2002 Type: High interest account Minimum-maximum investment: £10,000-£100,000 Interest rate: 4.7% gross a year Term: Until June 11, 2004 Offer period: Until further notice Withdrawal penalties: No withdrawals permitted during term Tel: 01635 555700

IFAs foresee depolarisation chaos

The overwhelming majority of IFAs believe the FSA&#39s proposed changes to polarisation will result in confusion, with 97 per cent saying the confusion needs to be addressed urgently, according to a survey by Standard & Poor&#39s.The poll shows that 69 per cent of IFAs believe financial advice will wither following depolarisation, while only 25 per […]

ScotAm group pensions shut as Pru opts for fee-based IFAs

Prudential is shutting the door on Scottish Amicable&#39s group pension business to focus on sales through fee-based IFAs and consulting actuaries.All ScotAm&#39s group personal pension, group stakeholder and group money-purchase schemes will be closed to new business from the end of September in favour of Pru&#39s group contracts.ScotAm&#39s range of individual pensions will stay open […]


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