View more on these topics

Curriculumvitae: Eddie Hooker

Describe your current job

Relentless – it involves just about everything required to run a company which employs over 70 staff. We operate an insurance-based Tenancy Deposit Protection Scheme and were appointed by the government to do this in November 2006.

Describe your first and last jobs

My first job was as an insurance clerk. I started at the bottom and worked my way up. My last job was working for myself. I developed my own insurance company in 1996 and it is still operating successfully.

What have you done in between?

I have kept myself busy by raising four children aged 14, 10, seven and one. I love them dearly and they keep me sane. I also play the drums in a local rock band.

How do your jobs to date compare with your career aspirations when you were younger?

Each job has just been a stepping stone towards my current position so I feel everything has been working towards this. Life is tougher at the top than people say it is.

What has been the defining point of your career to date and why?

It has to be winning the aforementioned deposit protection scheme contract with the government. We were outsiders at the beginning of the process but perseverance and support from our partners and colleagues allowed us to forge a winning team. We had never put together such an important tender before and to navigate through the machinery of government was not an easy task. It is definitely all about teamwork – rarely can an individual triumph.

And the most embarrassing?

The office threw a surprise birthday party for me when I was 40, which coincided with the launch of the deposit scheme in April 2006. Colleagues concocted a story to keep me out of the office and when I turned up at the end of the day everyone was there including family and friends – around 100 people. I was embarrassed to be the centre of attention but have to admit that it was a wonderful surprise and an enjoyable evening.

What work ambition would you like to achieve by retirement?

I would like to win another government contract before I retire. It would be good to prove that the Mydeposits contract was more than a fluke.

How many mortgage payments do you have left?

Not many, so thankfully it will be paid off in the not-too-distant future.

Up close…

Age: 42

Where do you live?

Cockfosters, north London

What’s your favourite holiday destination?

Florida.

What’s your tipple?

I don’t drink much – just the odd pint or two.

What one thing would you take to a desert island and why?

My laptop – I have my MP3s, internet, email, video editing software and games on it. Who needs anything else?

Who is your celebrity crush?

Clare Danes- the girl from Stardust.

What’s the most embarrassing album you own?

I have a few Bucks Fizz records – is that embarrassing? I love music of all types.

What’s the craziest hobby you’ve ever attempted?

I don’t get much time for hobbies but when I was younger the band I was in tried to sign a record contract. We made a record that got into the top 100. I suppose that’s pretty crazy when I look back on it.

Recommended

FSA bans adviser and shuts down firm

The Financial Services Authority has banned John David Cook from giving financial advice and stopped his Liverpool-based firm, Stone Financial Management Limited, from conducting business.

Put a stop to these obscene bonuses

It does seem more than a little incongruous that at a time when British taxpayers are being asked to underwrite the losses of banks’ mismanagement, offenders such as Northern Rock are poised to hand staff millions in bonuses.

RBSIP joins HomeBuy Direct scheme

RBS Intermediary Partners has joined the government’s HomeBuy Direct scheme through its Royal Bank of Scotland purchasebrand.

Strong dollar can be a powerful driver of UK dividend growth in 2015

By Robin Geffen, fund manager and CEO 

This year threatens to be a challenging one for UK dividend hunters. Last year saw an all-time record amount paid out in UK dividends — some £97.4bn, according to research from Capita Dividend Monitor. Yet as Capita also pointed out, out the biggest single factor driving the growth in the fourth quarter of last year was easy to identify: the rising US dollar. 

In our view, this trend is much more than simply a one-quarter phenomenon. It is actually the most profound issue to get right as a UK equity income investor in 2015. We believe that the US dollar will continue to strengthen significantly from its current level. This is due more to the US economy’s demonstrable de-coupling from the rest of the world than to a view on the UK. The US has a strong chance of tightening monetary conditions this year without jeopardising growth or de-stabilising its housing market. The same can unfortunately not be said about the UK.

Newsletter

News and expert analysis straight to your inbox

Sign up