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IFG Group announce change to Board of Directors

Date: 02-09-2004
Source: IFG Group plc

IFG is pleased to announce the following changes, each of which are effective 1 October 2004:-

  1. the appointment of Mr Mark Bogard as Chief Executive – UK IFA and Actuarial Operations and as an Executive Director of IFG;
  2. the appointment of Mr Mark Bourke, the Group’s Finance Director as Deputy Chief Executive; and
  3. the resignation of Mr Paul Gardner-Bougaard as a Director of IFG, in order to allow him focus on the business of Berkeley Jacobs Financial Services, the group’s UK based pension release business.

Mark Bogard is aged 42 and will assume responsibility for IFG life, pensions and actuarial operations in the UK. He has an MA from Cambridge University and completed his articles at Slaughter & May and then worked for Schroders in investment banking and on group strategy. He subsequently ran Barclays UK and Offshore funds business before leaving to lead the building of Moneyextra, which was sold to The Bank of Ireland in 2000. Moneyextra was merged with Willis National
and then Chase de Vere Investments, both leading UK IFAs, and he was managing director of the resultant business which focuses on private client advice, employee benefits advice and mortgage broking.


Property Partners targets Mortgage market

Date: 22-08-2004
Source: Mortgage Broker Solutions

Property Partners and Mortgage Broker Solutions today, 22nd August 2004, have announced a deal which will offer the widest choice of mortgages available, to over 100,000 customers each year.

Property Partners, Ireland's fastest growing real estate network is intent on levering its distribution network by broadening the number of financial product solutions available to its nationwide customer base.

Mortgage Broker Solutions has a unique mortgage packaging service which offers access to the products of nine residential mortgage lenders in addition to a significant range of other broker support services. As a joint venture company between IFG Group plc and GE Capital Woodchester, MBS is the clear market leader in the independent mortgage sector. Its mortgage packaging solution is unique to the Irish market, insuring that it was the obvious independent choice for the Property Partners network.


Mortgage Broker Solutions thrive where choice is king in consumer driven Mortgage Market

Date: 25-07-2004
Source: Mortgage Broker Solutions

Mortgage Broker Solutions, Ireland’s premier wholesale Mortgage intermediary, today (July 25, 2004) announces market leading growth in Mortgage lending for the first half of 2004. Mortgage Broker Solutions is jointly owned by IFG Group Plc and GE Capital Woodchester.

  • Overall market share increased from 7% to over 8% which represents over 24% of the Independent Mortgage market.
  • Overall Mortgages drawn down on behalf of its agents grew to €486 million, representing an increase of 42% on the same period last year. This performance is on the back of similar strong growth in 2002 and 2003.
  • MBS now leads the Independent mortgage intermediary market with the widest range of Mortgage solutions available on the Irish market
  • The strongest area of growth in the market was Re-Mortgaging (specifically equity release). This sector is increasing rapidly following a UK trend where the segment now accounts for over 50% of all Mortgage Business.


 

© IFG Group plc 2007
Registered in the Republic of Ireland No. 21010
Registered Office: IFG House, Booterstown Hall, Booterstown, Co. Dublin
Tel: + 353 (0)1 2752800 | Fax: + 353 (0)1 2752801
Email: group@ifg.ie