Abbey wants to more than double its annual-premium pension and investment business to over £2bn in the next 18 months. It is seeking to increase its number of branch-based advisers from 350 to about 750.
New Star founder John Duffield has answered IFA concerns about what happens to the firm when he retires by saying he intends to work until he is 100. Speaking to Money Marketing about New Star’s fifth anniversary this week, Duffield, who is 66, says: “I was asked once when I planned to retire and I […]
Gartmore Japan manager Chris Burling is set to join New Star after working his six-month notice at the firm.Burling ran the Japan Opportunities fund at Gartmore as well as an off shore Japan Sicav and the Japanese portion of the Asia Pacific investment trust.He resigned after the group’s £500m May management buyout with private equity […]
Almary Green, the advice firm led by industry veteran Carl Lamb, is in sale talks with Smith and Pinching Financial Services, Money Marketing understands. One source tells Money Marketing Almary Green staff have visited the Smith and Pinching offices, and that there have been discussions around a merged firm being floated on AIM. The Norwich-based […]
A weekly account of the curious goings-on in the world of financial services Locked out While WSJ correspondents were kept very busy at Money Marketing Interactive in Harrogate last week, there was still plenty of time spent in the bar with industry friends. So came about the story of Aegon director of new business, Martin […]
The FCA is analysing information from 40 firms about their adviser recruitment processes and what quality checks are in place on the advice they give. Earlier this year, Money Marketing revealed that the FCA sent letters to a sample of firms asking about training, competence and hiring records for staff. A Freedom of Information Act request […]