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7IM attracts over £1bn AUM

Seven Investment Management has exceeded £1bn of assets under management in its multi manager and multi asset class funds.

The 7IM multi manager funds have over £845m invested, while the 7IM asset allocated passives have over £157m.

7IM chief executive Tom Sheridan says: “We are very grateful for all the investment, support and feedback from our intermediary partners for their use of our services. Such volumes will also help us use such strength to press further down on the key issue of costs.”



Direct deals are driving out advice

By shutting out intermediaries, lenders are also bringing about a situation whereby, if advice is needed, consumers will not be able to obtain it

Ex-Citigroup Bischoff to chair Lloyds

Lloyds Banking Group has appointed former Citigroup chairman Sir Win Bischoff as its new chairman to succeed Sir Victor Blank, who is stepping down in May.

The Downsizing Delusion: Why relying exclusively on your home to fund your retirement may end in tears

By Steve Webb, director of policy The British obsession with homeownership can have dangerous consequences. A recent survey by Barings¹ found that up to three million people of working age were planning to rely wholly on the value of their home to fund their retirement. We are not talking about people investing in buy-to-let or […]


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