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Principality restructure executive

The executive team at the Principality Building Society has been restructured by its chief executive, Peter Griffiths.

Bill Mayne has been appointed director of sales & marketing, Micheal McGuire, director, business development and brought in Chris McVeigh who is managing director of Peter Alan ltd.

Commenting on his new look team, Peter Griffiths says: “Tomorrow&#39s customers will require a range of products more closely tailored to their lifestyle circumstances and delivered through a variety of distribution channels that suit them. Accordingly, it was important to look at some of the key management positions in the business with the aim of better delivering these challenging objectives.

“It is people who make the difference in a service industry like ours and it is vital to get the right blend of individuals throughout the business in order to differentiate the Principality from competitors.”


Scottish economy continues to underperform, says cebr

Official data now shows that the Scottish economy is in recession, the cebr has warned. There are some explanatory factors. First, the consumer boom which has boosted the UK economy has been much weaker in Scotland than the rest of the UK. Second, agriculture has been hit by last years foot and mouth outbreak. Third, […]

Norwich Union launch 4.49% discount

Norwich Union, in conjunction with Norwich and Peterborough Building Society, has launched a new mortgage offering an exclusive 4.49% discounted rate for three years. The deal also offers a number of other benefits such as: o 1.2 per cent discount for three years &#45 initial pay rate for 4.49% o No arrangement fee or booking […]

Oh I do like to be beside the seaside

It is well known that Brits love to be beside the seaside, and it also appears to pay off financially according to the latest research from Halifax. Out of 100 seaside towns surveyed in England and Wales, 71 have enjoyed average yearly increases in property prices that top 10% over the last seven years. Property […]

AIFA and NAMBA form alliance

The Association of Independent Financial Advisers and the National Association of Mortgage Brokers & Advisers have agreed to form a strategic alliance. The objective is to build an effective trade body, which will represent mortgage intermediaries.  NAMBA asked AIFA to become involved because it wishes to draw on AIFA&#39s direct experience of setting up a […]


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