RCS - Fintel PLC - CEO of Simplybiz Appointed

FintelAnnouncement

27/03/2025 07:15

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RNS Number : 3691C  Fintel PLC  27 March 2025

Fintel plc

27(th) March 2025

 

("Fintel", the "Company", the "Business" or the "Group")

 

Tom Hegarty Appointed CEO of Simplybiz

 

Fintel (AIM: FNTL), a leading provider of fintech and support services to the
UK retail financial services sector, is pleased to announce the appointment of
Tom Hegarty as the new Chief Executive Officer (CEO) of Simplybiz, effective
from 1(st) April 2025.

Prior to joining Simplybiz, Mr Hegarty served as Managing Director of M&G
Wealth Advice, where he played a pivotal role in the creation and development
of The Advice Partnership. He established the M&G Wealth Advice Academy in
2021, demonstrating his commitment to nurturing new talent within the sector
and increasing accessibility of advice for consumers.

Mr Hegarty's career also includes his role as Managing Director of the New
Model Business Academy, a not-for-profit subsidiary of Fintel (previously the
SimplyBiz Group), where he developed one the of the first apprenticeship
programmes in financial advice. Tom therefore returns to Fintel with a strong
level of familiarity and understanding of the wider business.

In addition to his professional roles, Mr Hegarty has been actively involved
in various sector initiatives. He currently chairs the New Talent Alliance, an
organisation dedicated to attracting and developing new talent within the
financial advice profession, and he also chairs the Trailblazer Group within
the financial advice sector for apprenticeships.

Fintel's CEO, Matt Timmins, said:

"Tom's extensive experience and proven track record make him the ideal person
to lead Simplybiz. I believe that Tom will work with the team to build
enhancements to our compliance and regulatory services whilst focusing the
business on the technology opportunities of the future. Across Fintel, we have
invested in a wealth of solutions which make us the number one provider of
technology to the UK intermediary market, and I'm confident Tom's work with
the team across the group will significantly enhance their delivery.

"Having worked with Tom for a number of years, I know he has the vision and
delivery mindset to build an even greater business than the one we have today.

"Simplybiz remains committed to supporting financial advisers and
intermediaries by providing comprehensive compliance, business, and technology
services. With Tom at the helm, the company is poised to further strengthen
its position as a trusted partner in the financial services sector."

 

Commenting on his appointment, Mr Hegarty added: "I am honoured to lead
Simplybiz and look forward to working with the talented team to continue
delivering exceptional support and services to our member firms, helping them
thrive in an ever-evolving financial landscape."

 

 

 

 Fintel plc                                     via MHP Group

 Matt Timmins (Joint Chief Executive Officer)

 Neil Stevens (Joint Chief Executive Officer)

 David Thompson (Chief Financial Officer)

 MHP Group (Financial PR)                       +44 (0) 7710 117 517

 Reg Hoare                                      Fintel@mhpgroup.com (mailto:Fintel@mhpgroup.com)

 Veronica Farah

 Lexi Iles

 

-ENDS -

 

Notes to Editors

 

Fintel is a UK fintech and support services business, combining award-winning
intermediary business support services, and leading research, ratings and
fintech businesses.

 

Fintel provides technology, compliance and regulatory support to thousands of
intermediary firms, data and targeted distribution services to hundreds of
product providers and empowers millions of consumers to make better informed
financial decisions. We serve our customers through three core divisions:

 

The Intermediary Services division provides technology, compliance, and
regulatory support to thousands of intermediary businesses through a
comprehensive membership model. Members include directly authorised IFAs,
Wealth Managers and Mortgage Brokers.

 

The Distribution Channels division delivers market Insight and analysis and
targeted distribution strategies to financial institutions and product
providers. Clients include major Life and Pension companies, Investment
Houses, Banks, and Building Societies.

 

The Fintech and Research division (Defaqto) provides market leading software,
financial information and product research to product providers and
intermediaries. Defaqto also provides product ratings (Star Ratings) on
thousands of financial products. Financial products are expertly reviewed by
the Defaqto research team and are compared and rated based on their underlying
features and benefits. Defaqto ratings help consumers compare and buy
financial products with confidence.

 

For more information about Fintel, please visit the website:
https://www.wearefintel.com.

 

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