News in brief - 4 January 2024

LiveMore has appointed Les Pick as its new director of intermediary sales. He joins the mortgage lender for people aged between 50 and 90+ with more than 25 years’ experience in the later life lending market, starting as a financial adviser for Aviva in 1998, before going on to setting up and running his own IFA practice in Dorset. Since then, Pick has worked as national sales manager for aa large equity release firm advice firm and has run award-winning sales teams in the later life lending marketplace. As part of the role, he will be responsible for supporting mortgage brokers and financial advisers so they are better equipped to deliver excellent customer outcomes in an increasingly complex market.

MPowered Mortgages has cut rates by up to 0.25% on its two and five-year fixed rate product ranges. Purchase-only rates from the residential mortgage lender, which uses AI to speed up and simplify the mortgage journey for homebuyers and remortgagers, now start from 4.13%. The lender has also announced that it has introduced cashback on all its homebuying products, offering £500 and £1,000, which it says can be helpful for covering immediate costs.

OneFamily has made two new appointments to the group, one year on from its acquisition of insurance company, Beagle Group. Ryan Griffin has been promoted to the executive team as protection director from director of product and pricing at Beagle Street. Beth Tait has also been appointed as marketing director at OneFamily, having previously looking after marketing for the Beagle Street brand. OneFamily said that it has ambitious plans to build both its intermediated channel and its direct-to-consumer business and is investing in the Beagle Street brand in its bid to enable the seven in 10 people who have no life insurance to be able to better protect themselves.



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