View more on these topics

Tenet appoints group finance director

Tenet has appointed a new group finance director following the resignation of former finance director Graeham Sampson in September.

Tenet confirmed Caroline Bradley has joined as group finance director after it notified Companies House of the appointment last week.

Bradley joined Tenet in October to help the network and support services group prepare for RDR implementation. She joined from outsourcing firm TD Wealth where she was finance director and chief risk officer. She has 17 years experience in senior management roles, including as finance director and secretary for YorkSHARE, part of the Yorkshire Building Society.

Tenet executive chairman Martin Greenwood says: “We are pleased to welcome Caroline Bradley to the executive team at such a crucial stage of our transformation into a new regulatory environment.”

Sampson was formerly the finance director at Montpelier Pension Administration Services. The FSA fined Sampson £17,850 in October over failures to ensure the Sipp provider was meeting capital requirements. Sampson voluntarily stepped down as an approved person at Montpelier in May 2011 and the company’s authorisation was cancelled in October 2011. 

Plan Money director and Tenet member Peter Chadborn says: “The main thing for us is the network is being run efficiently and providing a good service. By and large Tenet does not seem to have a high turnover of senior staff, which is encouraging from a member’s point of view.”

Recommended

Barclays sets aside a further £1bn to cover misselling claims

Barclays has set aside an extra £1bn to cover any redress due to customers who were missold financial products. Of the £1bn, £400m has been set aside to cover the cost of misselling interest-rate swaps to small and medium-sized business, bringing its total provision for misselling claims around these products to £850m. The bank says […]

2

Openwork reveals first Omnis fund managers

Restricted network Openwork has confirmed the first three fund managers behind its investment proposition Omnis. In December, Money Marketing revealed Openwork is mandating Omnis for the majority of its investment advisers from the second quarter of 2013. Omnis, a joint venture between Openwork and Octopus Investments, will launch with three model portfolios, cautious, balanced and […]

Banks agree to full interest rates swaps review

Barclays, HSBC, Lloyds Banking Group and Royal Bank of Scotland have agreed with the FSA to review the full extent of misselling of interest rate swaps to small businesses. The regulator announced last June it had found “serious failings” in the way the products were sold, prompting 10 banks to agree to review the sale […]

Labour: Savers should pressure employers over pension scheme quality

Labour shadow pensions minister Gregg McClymont has urged savers to put pressure on their employer to choose a good quality scheme for automatic enrolment. The way providers disclose the costs associated with pension saving has come under fire from politicians, trade unions and consumer groups in recent months. Last month, the Association of British Insurers […]

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