Tembo has launched a new cash ISA with an interest rate of 4.80%. The new ISA can be opened with a minimum deposit of balance of £10, with no withdrawal interest penalties or introductory rates. The lender has also increased its lifetime ISA interest rate from 4.75% to 4.80% to match the cash ISA. Temo savings customers also benefit from access to fee-free mortgage advice from the firm’s mortgage brokerage, saving them up to £749 on the standard fee.

7IM has appointed Tom Glossop as its new head of Microsoft platform as it looks to accelerate its digital transformation journey. He brings extensive experience in delivering digital transformation projects, having previously served as power platform lead at PwC. At 7IM, Glossop will lead the development of the Microsoft stack, driving innovation and efficiency as part of the company’s broader technology and transformation agenda. The appointment follows the firm’s latest tranche of platform developments, built in response to direct feedback from advisers that drives the evolution of its platform functionality.

Target Group has strengthened its senior team with the appointment of Scott Hill as chief information officer (CIO). He brings more than 25 years of IT experience to the role, having implemented global strategies, business change initiatives and multi-million pound digital transformation projects for both national and international brands across financial services, utilities, education and retail. Hill started his career through a graduate programme at IBM, before head joined Accenture, spending seven years at the firm. He would then hold roles at Circle, The White Company, Dyson, Versace and Currys, and joins Target following the conclusion of his contract as global head of website transformation at Diageo.

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