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Equity release appointment at LV=

LV= has appointed Clare Lucas as equity release product development manger, following an internal promotion.

Lucas’ previous role was head of operations for LV=’s financial advice service.

Vanessa Owen, head of equity release at LV=, says: “Lucas is a valuable member of the senior management team at LV=, and her wealth of experience in the IFA and advised sales market will be invaluable in helping to shape our proposition going forward.

“This is an internal appointment reflecting LV=’s commitment to growing talent within our business.

“We also have a strong commitment to the equity release market, strengthened by our well attended nine equity release roadshows around the country in May, and a new improved LV= equity release marketing kit soon to be launched to IFAs. Lucas’ appointment will be key in the delivery of LV=’s equity release strategy.” 


Assurant Intermediary urges clarity from CC

General insurance provider, Assurant Intermediary, has urged the Competition Commission to provide greater clarity in its final recommendation in July regarding the proposed point-of-sale prohibition for payment protection insurance.

Service better but Kensington and GMAC-RFC arrears rates still high

Kensington and GMAC-RFC are improving their arrears servicing although their 90-day arrears rates are still above average compared with other sub-prime lenders, says Moody’s. Kensington was fined £1.23m in April for unfair treatment of borrowers in arrears. This followed a £2.8m fine that was dished out to GMAC-RFC last October for hitting borrowers in arrears […]


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  • zhangcaiyun99 26th September 2010 at 8:55 am

    While Franchitti has raced at Homestead Schuhefor more than a decade the same can’t be said for Power,

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    mileage at Homestead, the Aussie will breathe a little bit easier when the race gets under way.

    “I think once StiefelI get to Homestead things will start to fall in place. I haven’t done much around

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    getting back from Motegi and then we’re back in the car to test on Monday at Homestead. I’m still

    getting over the jet lag from Japan, but I’ll head down to the [Team Penske] shop on Sunday then go on line movies

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    just want to get to Homestead and get going, though.”