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Aberdeen global head of business development Ellyatt leaves

Aberdeen global head of business development Chris Ellyatt has decided to leave the business after nine years to pursue other interests.

Aberdeen Asset Management has appointed John Brett as global head of distribution as his replacement. Brett will join in November from Scottish Widows Investment Partnership where he was director of sales & marketing.

Ellyatt joined Aberdeen in 2002 following a career in investment banking, focused mainly upon Asian and emerging markets, working predominantly with HSBC and Barclays de Zoete Wedd.



Hargreaves plans to increase advice proposition as profits leap

Hargreaves Lansdown has announced a 46 per cent increase in pre-tax profits for the 12 months to June 30, 2011. The firm saw profits rise from £86.3m to June 30, 2010, to £126m to June 30, 2011. The firm says it plans to increase its fee-based advice proposition, citing the fact that the “regulatory and […]

Swiss Re calls for rethink on longevity forecasts

Swiss Re has warned that the overall cost of increasing longevity has been underestimated and is calling for better forecasting models to improve understanding of longevity risk. In a report published this week, the reinsurer says over the last 20 years, more people are living into their seventies and eighties thanks to medical advances, improved […]


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