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Axa Wealth development role

Axa Wealth has appointed David Stratton to the newly created role of head of business development.

Stratton was regional sales manager for the Midlands. The new role looks to build distribution relationship partners.

The appointment comes as part of a restructure announced in January, which saw Axa segment its IFA clients, putting 50 jobs at risk, with the number of regional managers cut from nine to five.

Marketing and distribution managing director David Thompson says: “Axa Wealth has experienced unprecedented growth but it has resulted in us being unable at times to devote the specialist support we feel we need to give to different adviser segments.”


Two men jailed for mortgage fraud

Two Slough men have been jailed for a total of twelve and a half years after being found guilty of multiple mortgage frauds. Tahir Malik, aged 44, from Wexham Road, and Patrick Kamande, aged 34, from Trent Road, were sentenced to six and a half years and six years respectively at Reading Crown Court on […]


SFO chief quits

Serious Fraud Office chief executive Phillippa Williamson has stepped down from her role. Williamson announced yesterday that she would be leaving, the news comes days before SFO director Richard Alderman is due to leave on April 20. Williamson says: “It has been a privilege to lead the SFO through a period of exceptional change during […]

Allianz Global Investors to launch RDR-ready multi-asset funds

Allianz Global Investors is to launch a series of risk-rated, multi-asset funds. The funds will be actively managed and offer RDR-ready share classes. Allianz Global Investor managing director Nick Smith says: “There are two strong trends playing out in the UK retail market at the moment. Firstly, investors are increasingly looking for greater predictability in […]


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