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Wynne-Jones leaves Assureweb

Assureweb director of sales and marketing Stephen Wynne-Jones is leaving the firm. Norwich Union’s Mark Wilson will take over the trimmed-down role of head of propositions with chief executive John Spellman taking a more hands-on approach. Head of product management Chris Metcalf is also leaving after his position was made redundant.

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Kensington reduces adverse LTV to 75 per cent

Kensington has reduced its maximum loan to value to 75 per cent on its adverse range.The lender says it is its view that in the short term there will be no institutional investor appetite for portfolios containing high LTV adverse credit mortgages.It says it has therefore taken the decision to refocus its resources in the […]

On a role

What a summer it has been. Putting the foul weather to one side, usually July and August are fairly quiet investment and recruitment wise due to people being on holiday and stockmarket concerns tend not to surface until people return in September and October. Perhaps because everyone is in constant touch via Blackberrys or Wifi, […]

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Bradford & Bingley set to switch multi cash

Axa Framlington could be set to lose £500m from its multi-manager range, with Bradford & Bingley understood to have given three months’ notice that it is to move its Isa and Pep back books out of the funds. Money Marketing understands B&B has been unhappy with the management of the funds after a consistent period […]

LibDems plan to axe higher-rate relief

Liberal Democrats backed plans to scrap higher-rate pension tax relief and raise the inheritance tax threshold at their Brighton conference this week. LibDems also want a 4p cut in the basic rate of income tax and a reform of housing stamp duty.

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Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.

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