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BlackRock international retail head joins Jupiter

Jupiter has hired BlackRock head of international retail Maarten Slendebroek as distribution and strategy director.

Slendebroek, who will also join the board as an executive director, is expected to join the firm in the second half of 2012 and will report to Jupiter chief executive Edward Bonham-Carter.

Slendebroek has over 25 years experience in financial services, the past 18 of which have been spent at BlackRock.

BlackRock has moved quickly to fill the void left by Slendebroek’s departure by appointing Alex Hoctor-Duncan as head of retail for Europe, Middle East and Africa.

Hoctor-Duncan’s promotion to the newly-created job from his head of sales for EMEA role will see him report to Rob Fairbairn, head of the global client group, and James Charrington, chairman of the EMEA region.

He will also report into BlackRock’s EMEA and global client group executive committees.

Mark McCombe, chairman of Asia Pacific, will oversee retail business in that region following Slendebroek’s departure.

Deputy head of the Latin America and Iberia region Armando Senra will oversee retail business for that market.

Fairbairn says: “Since joining BlackRock in 1997, Alex has held a wide variety of roles within retail, giving him a deep knowledge of how best to serve our clients.”


Aegon head of corporate media to leave

Aegon head of corporate media Lesley McPherson is leaving the firm after 12 years. McPherson will leave later this year with Mark Locke appointed as head of media relations. McPherson says: “Aegon UK is now in a positive new development phase and I’ve decided it’s the right time for me to seek a new career […]

Richard Fox

Clock is ticking for interest-only loans

The FSA has identified that interest-only mortgages represent a ticking timebomb and are asking lenders to clarify their liability on these loans. The theory of interest-only loans was that borrowers would make independent arrangements to enable them to repay the capital at the end of the term. For many years, such loans where linked to […]

Intrinsic merging IFA arms to form 600-firm network

Intrinsic Financial Services is merging its IFA arms Intrinsic Wealth Management and Mint Financial Services to form a new IFA network, IntrinsicIndependent. The new network will have just under 600 IFA firms, with 270 firms from Mint and 320 from IWM. National IFA franchise Ashley Law, which joined Intrinsic as an appointed representative of IWM […]

Retirement fund - thumbnail

What price (more) freedoms?

George Osborne will make his last Budget speech of the current parliamentary term this week, and the early media briefings suggest that pensions will again feature heavily in that statement. So what are we able to learn from the weekend’s coverage?


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