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Vertex poaches Mark Webster from HML

Financial services outsourcer Vertex Financial Services has appointed HML head of business development mark Webster as its director of business development.

Webster was at HML for 16 years. His role at Vertex will be to support sales director Adam Oldfield and grow the firm’s portfolio, which includes ING, Virgin, BM Solutions, Tesco and JP Morgan.

Vertex managing director Robert Coyle says: “Now is the time for us to concentrate on selling our services to the financial services world. We have spent many years focusing on developing the most robust and highest quality business process outsourcing software and service, and we are confident that today we can give clients the best systems that are currently on offer.

“With his connections and experience in this market, we are sure that Mark will help us to take this message to lenders and other prospective clients.”

In January, Money Marketing revealed Skipton Building Society had taken subsidiary HML off the market. In May 2011, talks between Vertex and Skipton Building Society over the sale of HML had broken down.



Skandia: More than 50% of advisers to gain chartered status

Almost 50 per cent of financial advisers are chartered or have plans to achieve chartered status, while a further 31 per cent are considering it, according to research from Skandia. Skandia’s survey of 550 advisers shows that 18 per cent of respondents are currently qualified to chartered status, while 29 per cent are studying towards […]

Nucleus MD replaced by Sanlam director

Nucleus managing director John McNeil has left the firm and will be replaced by Sanlam director Stuart Geard (pictured) in October. McNeil only joined the firm in January this year but left last month. Nucleus will not comment on the reason for his departure. Geard is currently finance director at Sanlam UK and worked as […]


FSA to focus on firms’ insolvency plans post-RDR

The FSA says it will focus next year on firms’ plans to deal with pipeline business in the event of insolvency due to an unprofitable adviser charging model. Speaking at a Succession national members’ forum in London today, FSA technical specialist Rory Percival (pictured) said as part of his work with the regulator’s RDR implementation […]


Greg Clark replaces Mark Hoban in Treasury shake-up

Treasury financial secretary Mark Hoban is moving to become employment minister within the Department for Work and Pensions. Planning and decentralisation minister Greg Clark will replace Hoban. Reports suggest Chloe Smith has been moved from Treasury economic secretary to work in the cabinet office and is being replaced by Tory backbencher Sajid Javid. Elsewhere, Mark […]


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