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Allfunds poaches Adler from Selestia

Allfunds Bank has hired Selestias head of relationship services Richard Adler as its UK operations manager.

Adler will be charged with building the platforms UK distribution base. Allfunds is owned by Spains Grupo Santander and Italys Gruppo Sanpaolo and is Europes third largest third party platform. It has four UK staff with plans to expand to twelve in early 2006.

Allfunds UK director Holly Mackay says: We are well advanced in adapting our platform for the UK market and are already involved in discussions with a number of major UK distributors, including retail banks, wrap platforms and life and pension providers.


Puma roars

Investment banking group Shore Capital claims its Puma absolute-return fund of hedge funds has bucked the trend for poor performance across the hedge fund industry by investing in a concentrated portfolio of managers.

C&G announces closure of Warwick office with 300 jobs to go to India

Cheltenham & Gloucester announced today that it is to close its mortgage application centre near Warwick with 300 jobs to be transferred to India.The remaining 100 jobs will be transferred to other operations in Gloucester and Scunthorpe.According to the Lloyds TSB Group Union, the closure is part of a wider programme transferring work to India. […]

Alternative thinking

Plans for world domination are abandoned when recruitment barriers loom

Looking back at 2015

By Fiona Tait, Pensions Specialist 2015 was quite a year for pensions. Change, more change, and proposed changes to the changes. The Spring Budget – pre-election plans With everything that has happened since, it is hard to remember what happened in March. Following on from the bombshell of the 2014 Budget, the Chancellor confined himself […]


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