NU hires wrap MD

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Norwich Union has appointed Toby Strauss as managing director of its Lifetime wrap.

Strauss moves to Lifetime from senior executive positions at John Scott & Partners, Towry Law and Charcol. Norwich Union Life chief executive Mark Hodges says Strauss’ appointment underlines NU’s commitment to developing its wrap. “I believe that the world is moving towards ‘cleaner’ products, such as those envisaged within the recent FSA consultation paper on Customer Agreed Remuneration,” he says. “Lifetime’s experience and expertise in this area will help Norwich Union in the transition to these kinds of products as well as being pivotal to our plans to support advisers in making the ...

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