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Aegon CIO takes over as managing director

Aegon Asset Management chief investment officer Andrew Fleming is taking over as managing director of the firm following the departure of Colin McLatchie. Fleming will remain CIO having experience of carrying out this dual previously at ABN Amro Asset Management and Gartmores Japanese operation.

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IFA praises Axa after CI payout

An Essex-based IFA whose client suffered a heart attack two days after being put on risk has praised Axa Sun Life for paying out on his critical-illness claim. The client and his wife, who previously only had life cover, came to Chadborn Baker & Kearle mortgage adviser Peter Wright for remortgage advice. He recommended a […]

Halifax adviser jailed for 10m theft

A financial adviser who stole 10m from Halifax over four years to finance his gambling habit has been jailed for 12 years at Swansea crown court. Graham Price left three empty boxes in a safe with a signed IOU saying “Borrowed 7m from the Halifax”. He held stakes in 11 racehorses and bought advice from […]

Pension trustees under pressure on fund choice

Trustees could face problems if they do not make members aware of the investment cho- ices open to them within their pension scheme. Up to 90 per cent of pension scheme members fail to select their own investment strategy and just opt for the default fund, according to research by Aon Consulting. Much of this […]

Moneyquest appoints first chairman

Moneyquest, the telephone and online mortgage, insurance and loan brokers, has unveiled the appointment of Scots businessman Angus McSween as its first chairman.McSween will oversee Moneyquests two-year expansion plan and drive towards AIM listing.The companys expansion plan includes increasing staff from 130 to 200 and increasing mortgage business to 3bn.He says: “Moneyquests success is a […]

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