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John Malone to stay at PMS

John Malone, managing director at Premier Mortgage Service has committed to staying with the firm for at least another 18 months.

Malone was expected to become chairman of PMS and a search has been underway for his successor.

But Bankhall says that it will not be looking for a replacement anytime soon.

Rumours had been circulating the industry as to who would replace Malone, with Linda Will, former-managing director at Accord Mortgages, being hotly tipped to be a favourite for the role.

Steve Atkins had been in line to succeed PMS until he unexpectedly resigned as head of Premier Mortgage Services in September 2007.


Sourcing system adopts Platform

Platform has been added to the Lendersonline specialist sourcing system. Lenders-online says use of its system, which offers integrated Equifax credit searches and provides instant credit-searched quotes, has jumped since the liquidity crisis began.

Gross lending falls £1.9bn in February

Gross mortgage lending fell £1.9bn from £25.9bn in January to an estimated £24bn in February, says the Council of Mortgage Lenders.The drop also represents a 6% fall in lending from £25.6bn in February 2007. The CML says the Bank of England approvals data for January showed subdued levels of house purchase activity and a sharp […]

Ex-Egg boss buys MoneyQuest

MoneyQuest has been snap-ped up for an undisclosed sum by a consortium led by former Egg chief executive officer Paul Gratton.

Savills unveils strong 2007 results

Savills Private Finance has revealed a 16% increase in pre-tax profit in 2007. The brokerage also announced its revenue increased by 11% to £29.8m last year despite the market downturn. Mark Harris, managing director of SPF, says: “We continue to expand our business and now operate from 25 locations, including offices in Cardiff and Windsor.”

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them


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