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Axa appoints former Gartmore chief executive as non-executive director

Axa has appointed a former Gartmore chief executive David Watts as a non-executive director to its UK board.

Watts was joint chief executive and chief investment officer for Gartmore until his retirement in 1999. He is also a director of Fleming Income and Growth investment trust.

David Nash, who became a non-executive director of Axa UK in 1996, resigned last month.


Why the charge cap does not fit

Is the end of the 1 per cent world nigh? There are signs of a Government rethink, so maybe. There are strong arguments that personal pension charges were too high in the past.Stakeholder has helped cure that com-plaint but the medicine risks finishing off the patient. The charge cap may be too low for the […]

Early risers

My wife and I are aged 53 and are in good health. You have seen our redundancy package but I would like to talk to you now about our pension scheme options. I am being offered an enhanced pension of £39,000 or tax-free cash of £112,000 and a reduced pension of £31,000. What do you […]

Firms offered support in run up to N2

Compliance communication specialist Easy i is offering a training and competence management service to ease the pressure on financial services companies leading up to N2.Easy i says it is offering the service to take the weight off the shoulders of compliance officers tasked with implementing the stringent employee training and competence requirements of the Financial […]

Higgins to take top role at RBS

Former Standard Life general manager (sales) Benny Higgins has secured the top job in the retail banking division of Royal Bank of Scotland group.Higgins will step up to become chief executive from his current position as deputy CE. He joined the group in 1997.The move is part of a senior management shake-up following the integration […]

China’s economic bounce may already be over

By Mike Riddell (17 May 2016) Most people would explain the rally in global risky assets since mid-February as being primarily down to the spectacular volte-face from the Federal Reserve, where Janet Yellen (and others) dramatically toned down their narrative that the Fed would be hiking rates as many as four times in 2016. This explanation […]


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