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Yorkshire’s Cornish is new chief for the BSA

The Building Societies Association has appointed Yorkshire Building Society chief executive Iain Cornish as its chairman for 2007/08.

He succeeds Norwich & Peterborough Building Society chief executive Matthew Bullock.

Cornish became chief executive of the Yorkshire Building Society in 2003,having joined the society 1992. Skipton chief executive John Goodfellow takes over from Cornish as BSA deputy chairman. Cornish says: “There has never been a greater need or desire on the part of consumers for advice and financial products from a source they feel they can genuinely trust.

“Building societies have a tremendous opportunity to meet this demand and to build on their unique position in the financial services marketplace. I am privileged to have the opportunity to represent societies large and small who are doing great things for their members and their communities throughout the country.”

Bullock says: “I believe I am handing over the association in much the same good condition as I got it from Phillip Williamson.

“It has been a pleasure leading such an enduring and robust bunch of people and I thank you for the support you have given me.”


Departures hit Ashley Law

Two disgruntled Ashley Law members have quit the firm, with one accusing directors of having “ridden roughshod” over his business.Gary Taylor, of Ashley Law Maesteg in Wales, claims he was left with no choice but to leave the firm after it decided to switch back-office systems.Taylor says he was not consulted. He claims the new […]

Trustee steed

Nicole Blackmore looks at how trustees will run personal accounts and finds opinion divided on whether the Government is just trying to offload blame if things go wrong.

DC members missing out on £225m of employer pension contributions

Nearly 40 per cent of defined contribution pension scheme members are failing to take advantage of pension contribution matching from their employers to the sum of £225m per annum.According to research by Xafinity Consulting, younger members of the schemes are the least likely to gain maximum employer contributions which Xafinity says indicates a degree of […]

Parental leave and pensions

Fiona Hanrahan  – Senior Product Insight and Technical Support Analyst We are often asked how parental leave impacts workplace pension schemes in terms of funding in general, auto enrolment and salary exchange. This article will explain each of these. How does parental leave impact the funding of workplace pension schemes? A member of a defined […]


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