Aegon Asset Management has added to its European equity team with the hire of Pauline McPherson as a senior investment manager.
McPherson joins Aegon from Standard Life Investments, where she was a director of European equities. There she had responsibility for running the group’s £1 billion European Trust.
McPherson is rejoining Aegon, as prior to joining SLI in 2000 she was a senior portfolio manager in its Latin American team.
Axa is pulling out of the enhanced annuity market claiming Solvency II will reduce the attractiveness of annuities for both providers and customers.
Northern Rock plc has renewed its sponsorship deal with Newcastle United Football Club with deal worth up to £10m for four years starting from the 2010/11 season.
Life company funds are producing top-quartile performance as they concentrate on obtaining manager talent and creating alpha-focused products. Within the retail fund sector, life companies have notoriously been considered to have mediocre offerings. With only a handful of notable exceptions, such as Standard Life Investments, few have been able to establish a strong asset management […]
Paradigm Partners has launched JargonFreePensions.co.uk with newly-recruited pensions guru Steve Bee.
By Jamie Clark, Business Development Manager, Royal London Recent articles in the media have raised concerns about the new pension freedoms. One perceived problem is that across the industry, trustees and providers are not necessarily allowing people to take full advantage of the pension freedoms in situ. This is backed up by a recent survey by […]
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
Fiducia managing director on ‘good old-fashioned’ customer service in the digital world Anthony Scott is adept in the art of communication. As an adviser and a novelist (he has written the novels ‘On Ashover Hill’ and ‘The Birthday Gift’) it is crucial for the Fiducia Group managing director to engage and build a rapport with […]
The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]