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Roy Nicolson takes over as chairman at IFAP

IFA Promotion, the organisation promoting the benefits of independent financial advice, has announced that its chairman, Kevin McBrien, will be stepping down at the November IFAP board meeting due to other pressures on his time.

Roy Nicolson, chairman of Advice First, will take over on an interim basis and will co-ordinate the appointment of a permanent replacement.

David Elms, chief executive of IFA Promotion, says: “We&#39d like to thank Kevin for his sterling effort on IFAP&#39s behalf, a period that has seen our IFA membership grow by 15%, leads generated for member IFAs increase by 20% and recognition grow of the important role IFAP is playing in helping to secure the future market for independent financial advice.”

Kevin McBrien says: “I&#39ve enjoyed chairing IFAP at a time of great challenge in the industry, and success for the organisation itself, which has excelled in its work to raise the profile of, and generate business for, its 10,000 strong membership. I&#39ve particularly enjoyed working closely with IFAP&#39s sponsors, AIFA and the FSA to develop a consumer-positive model for independent financial advice.”


APS adds the Derbyshire to direct panel

The Derbyshire Building Society has joined the APS Europe lender panel. The Manchester-based mortgage club will offer intermediaries the full range of products from the Derbyshire on a direct submission basis. The Derbyshire, via its dedicated intermediary channel, has recently launched a new range of three and five year discounted rates to go with its […]

FSA clamps down on &#39rogue&#39 broker firms

The Financial Services Authority has acted to stop three firms of financial advisers from carrying on any activities regulated by the FSA.The firms – County Down-based Gallagher & Company, Gwent-based Allan Austin Investment Services (AAIS), and Bradford-based Midgley&#39s Insurance Mortgage & Pensions (MIMP) – have all been stripped of FSA authorisation after the financial regulator […]

NW Group reports success of mortgage web site

Mortgage Finder, NW Group&#39s mortgage web site, generates over £1m of business enquiries each day. When the site was first established by former building society manager, Ian Templeton, his objective was to complement his Aberdeen-based independent mortgage advice and financial services business with an internet presence. The site, has been systematically upgraded by NW […]

£4,000 pay weighting urged for London staff

National pay scales for public workers should be replaced by regional rates to give essential staff in London a minimum weighting of £4,000 a year, according to a new report. A study by London First, a business-led partnership, designed to find solutions for the capital&#39s growing shortage of affordable homes, also calls for people earning […]

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