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The Morning Briefing: Maynard confirmed as new pensions minister and FNZ appoints new CCO

Good morning and welcome to your Morning Briefing for Thursday 16 November 2023. To get this in your inbox every morning click here. Maynard named new pensions minister Paul Maynard has been officially appointed as the new pensions minister. He will replace Laura Trott, who left the post on Monday to take up a role
United Kingdom General United Kingdom Francis Walker George Yeandle Paul Maynard Toby Gower

Iress completes the sale of its Managed Funds Administration business to SS&C Technologies

ASX-listed Iress has today announced progress against its strategy. The sale of the Managed Funds Administration (MFA) business to SS&C Technologies was completed on Sunday 1 October. As announced on 21 August 2023, SS&C have purchased the MFA business for a total cash consideration of $52 million subject to customary working capital adjustments. Iress have stated that they will use the net proceeds of the sale to retire debt. Iress' Chief Executive Officer Marcus Price said, "...
South Africa United Kingdom South African Harry Mitchell Cameron Williamson Marcus Price

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Iress UK CEO Simon New resigns after four months – Mortgage Strategy

Simon New has resigned from his post as chief executive of Iress UK just four months after taking up the role. Mortgage Strategy understands Iress UK staff have been informed of the resignation. It’s not clear why New has parted ways with the fintech firm. New was named CEO in April as part of a major overhaul of
United Kingdom Lloyds Bank Ernst Young Simon New Iress United Kingdom Alex Hore

Money Marketing's most-read stories – July 2022

  Former client sounds alarm to FCA about deVere Group transfers For our most-read story in July, reporter Jean-Baptiste Andrieux discovered a letter written by former client Diane Bentley to the Financial Conduct Authority, urging it to investigate pension transfers by deVere Group. Bentley was expressing
City Of United Kingdom Ronald Van Hoven Diane Bentley Aston Villa Guy Opperman

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