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Walther stepping down at Clerical

Clerical Medical chief executive Robert Walther is retiring before the end of the year and will be replaced by current managing director John Edwards.

Walther has been overseeing the integration of Equitable Life with the Halifax group after Edwards was made managing director in February this year.

Walther, 57, has been with Clerical since 1965 and was made chief executive in 1995. Edwards, 45, joined Clerical in 1993 and has been a board member in 1998.


Nationwide sets up remortgage &#39takeaway&#39 deal

Nationwide Building Society is offering a remortgage service designed to make the process easier for borrowers looking for a better deal.The “takeaway” remortgage service has been set up after recent research involving over 1,000 people and following Council of Mortgage Lenders data showing borrowers are annoyed about new customers getting better deals.The Nationwide research found […]

House price growth in NE steady

House price increases continued to be steady in the North East and Cumbria, according to data published by Northern Rock.Prices rose 1.8 per cent in the quarter to July 2001, compared to 1.2 per cent for the same period last year.Northern Rock chief valuer Alistair Laws says: “The region&#39s housing stock remains relatively affordable, as […]

Heath and Owen take Impartial approach

Former IFA stalwart Garry Heath is setting up a consultancy and media group targeting IFAs, life offices, lenders and investment groups with business services throughout the UK and Europe.Impartial is a joint venture between Heath and former IFA Portfolio managing director Mike Owen, with both investing around £20,000 in the firm. Heath is non-executive chairman […]

Term sales increase as IFAs take a 36% share

Term insurance sales in the UK rose by 8 per cent between 1999 and 2000 and IFAs accounted for over a third of sales, according to GE Frankona Re research.The findings, which cover providers of stand-alone term insurance in the UK, reveals that although more people are buying policies online, IFAs are still the most […]

Johnson Fleming is a finalist at UK Pensions Awards 2016

The UK Pensions Awards shine the light on excellence and recognise the advisers, providers and investment managers that offer the highest level of innovation, performance and service to occupational pension schemes and their members. This year’s awards looked at advisers and providers across 31 different categories and were rigorously judged by a panel of senior […]


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