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The power and the story

Politicians and regulators dominate retail financial services, according to the UK&#39s first-ever Top 100 Power and Influence list.

The list, compiled by Money Marketing&#39s panel of experts, reveals Chancellor Gordon Brown is the most powerful individual. FSA chief executive and chairman Howard Davies, Treas-ury long-term savings review head Ron Sandler and Dep-artment for Work and Pens-ions Secretary Alistair Darling complete the state&#39s hold on the power list.

The list is the first in-depth industry analysis of which individuals have moulded the past and are shaping the future of financial services.

Highest-placed woman is ex-Treasury head of financial services Paula Diggle at sixth. Equitable Life&#39s spectacular nosedive earned former chief executive Alan Nash fifth place while the top businessman for positive achievements is Halifax chief executive James Crosby.

Topping the IFA entries is Misys financial services division chief executive Ivan Martin, at 19, just one place above Hargreaves Lansdown chief executive Peter Hargreaves at 20th.

In 65th, New Star chief executive John Duffield&#39s Isa splash was not enough for him to beat arch-rival Jupiter chief executive Edward Bonham-Carter at 53rd.

•See special supplement


Scottish Life International goes for guarantee

Scottish Life International has introduced an offshore guaranteed equity bond that returns a minimum level of growth plus the original capital whatever happens to the stockmarkets to which it is linked. The bond is only available to investors in Scottish life International&#39s secure investment portfolio and protected investment management service. There are sterling denominated and […]

L&G strikes fourth time

Legal & General is targeting cautious investors with the fourth issue of protected portfolio, a capital protected Isa that is linked to 30 of the biggest companies in the UK.The Isa has a five-year term and returns depend on the individual performance of companies such as Vodafone, BSkyB and Tesco. Investors get their capital back […]

IFAs facing a challenge in income protection sector

Income protection sales sho-wed a “disappointing” 3 per cent rise last year, a further indication that providers are failing to penetrate the market, claims reinsurer GE Frankona.In its survey of the IP market in 2001, GE Frankona says the overall growth in the market was fuelled by sales of budget-style products which offer less coverage […]

Ron Bullen

Lives: Beachely, Near ChepstowBorn: September 23, 1939 in Heywood,LancashireAge: 62Education and qualifications: Apprenticeship, technical colleges in Kent and Lancashire, chartered engineerCareer to date: Engineering then management position in the paper industryCareer ambition: “Don&#39t know that I really had one…”Life ambition: “Again, don&#39t think I have one.”Likes: Intellectual challenge, variety, squash, travellingDislikes: “Gross injustice – it […]


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