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Principal strengthens business development team

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Principal Investment Management, a private client portfolio manager, has strengthened its business development team with the appointment of Paul Hood as business development manager.

Principal Investment Management, a private client portfolio manager, has strengthened its business development team with the appointment of Paul Hood as business development manager.

Hood, who joins from London & Colonial, is an experienced regional sales manager with extensive IFA relationships across the South East of England.

Prior to London & Colonial he was a broker consultant for 16 years with three major life offices. He has wide-ranging expertise in selling wrapper solutions (UK and offshore bonds, Sipps, Ssas, wraps and annuities) into the IFA market.

Hugh Titcomb, chief executive of Principal, says: ‘I have great ambitions for this company. At present we look after just over GBP800m on behalf of clients through our three offices. I’m looking to double this in just two to three years. With Paul on board, I am confident he will help deliver my plans.’

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