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Change of role for Aviva’s Philip Scott

Aviva International executive director Philip Scott will be changing his role to focus more on the group’s businesses in North America and Asia Pacific.

As a result of the proposed acquisition of AmerUs Group, Scott will be concentrating his energies on these two areas. He will retain responsibility for Morley Fund Management but will no longer be overseeing Aviva’s continental European operations.

This responsibility will be transferred to Aviva International managing director Tidjane Thiam who will take over as Aviva Europe chief executive.


Campaign group launches to educate on Reits

A new publicity campaign branded as Reita has launched in a bid to raise awareness of the impact of Reits to the UK market when they come in on January 1, 2007.The Reits and Quoted Property Group – is a collective of 30 companies including eight quoted property companies, nine fund managers, the British Property […]

F&C losses hit 29m

F&C Asset Management made a loss of 29.2m in the first half of this year after seeing significant institutional outflows. The firm lost 2.83m in the same period last year. Funds under management at June 30 were 107bn compared with 131bn at the start of the year despite strong retail market inflows which increased by […]

Stormy weather

Scottish Life head of pensions strategy Steve Bee’s warning that we are entering into a “perfect pension storm” should not be taken lightly. He believes that A-Day only accounts for a small part of the upheaval that is yet to be felt by the pension industry, with future changes set to have a much bigger impact which pose a thread and an opportunity to IFAs.

Correspondent’s week

This week by Compliance Online editor (retail markets) Annie Shaw


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