View more on these topics

Countrywide and MAB recruiting advisers for high net worth venture

Countrywide and Mortgage Advice Bureau are to recruit 25 advisers and a sales director to spearhead their new high net worth brokerage.

The firms announced last week that they will launch Capital Private Finance on August 1 which will handle all referrals from Countrywide’s premium estate agency brands Hamptons International, John D Wood & Co, Faron Sutaria and UK Sotheby’s International Realty.

Peter Brodnicki, chief executive of MAB, says: “The business will act as a separate legal entity and advisers will work in branches of Countrywide subsidiaries.”
Nigel Stockton, financial services director at Countrywide, says: “We feel the private finance market has been under-capitalised and intend to attract the best consultants in the industry.”

First Action Finance was acting as the referral partner for Hamptons International until this deal was struck.

But Joe Cohen, managing director of First Action Finance, says: “We wish them every success in the new venture. We are in discussions with a number of other agents and the end of our deal with Countrywide means we can now focus on these.”


lee gladwell

Wider product range will benefit business

The mortgage market has recently been a little like watching kids playing football a lot of people all scrambling for the ball in the same small space on the pitch. But what we’re seeing now, is a growth in the number of products available an increasing focus on niche areas and some signs of a […]

Tesco’s mortgage project on track

Supermarket giant Tesco says it is on track to launch into the mortgage sector in the coming months. In a Q1 management statement last week, it revealed Tesco Bank increased revenue by 20% in Q1. It says: “The savings and loan platforms have now started operating for new customers. “This will accelerate as we launch […]

Mark Blackwell

Hacker puts focus on security hazards

Hacking group LulzSec has ensured data security has been in the news recently with its raids on global giants Sony and Nintendo. “From a single injection, we accessed everything,” the hacking group was quoted as saying. They seemed aghast to find customers rely on such flimsy security and this begs the question: why do we […]

Guide cover

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


News and expert analysis straight to your inbox

Sign up