Cobalt Capital has appointed Chris Bevan, who previously worked at John Charcol, as group business development manager. Bevan worked at Charcol for over seven years as regional sales director.
Major players in the payment protection insurance market have defended the sector despite a damning report on it from the Office of Fair Trading. The OFT issued a report on the PPI market last week following a super-complaint from Citizens Advice last September. The report highlights numerous problems in the sector including poor product value, […]
Cardif Pinnacle has appointed Andy Swain as chief commercial officer with additional responsibility as executive director for the group’s sales and marketing function. His new role encompasses the insurer’s creditor, warranty and cirect product offerings to the UK market.Swain says: “I am thrilled to have been appointed to this challenging role. I’m looking forward to […]
The Building Societies Association has revealed 5.8m was donated to various causes through affinity accounts in 2005.The figure comes from a survey conducted amongst BSA members, and is the first ever research into affinity accounts.Primarily offered by building societies, affinity accounts allow people to automatically donate part of the interest on their accounts to sports […]
Purely Mortgages has shed 19 of its 45 sales staff, the Times newspaper has reported.The mortgage broker, which is majority-owned by Vincent Tchenguiz, has reportedly told its staff their job losses are part of a restructuring of the firm.Purely Mortgages has already had two previous financial restructurings in the past nine months.It was disclosed that […]
As we approach the two-year milestone of auto-enrolment, employers have had the opportunity to truly assess the capabilities of their chosen support. They are also now realising that getting to the staging date was the easy part, and that support is required for almost every aspect of the day to day running of their scheme. With the three-year re-enrolment window coinciding for many with the total removal of commission and Active Member Discounts from pension-related products and services, as well as the introduction of the pension charge cap in April 2015, many employers will have no choice but to review their support options. But, what is involved in transitioning your auto-enrolment scheme away from your current support options? This guide from Johnson Fleming aims to outline some of these key areas and provide information and discussion points on what you need to consider.
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