Origen chief executive Gareth Marr has resigned from the Aegon-owned IFA firm after recent health problems.The move comes as Origen confirms it will be integrating the Positive Solutions’ platform into its business. Marr has been in financial services for 30 years and will remain with the firm in the short term on a consultancy basis. He oversaw the integration of the five Aegon IFA businesses that formed Origen. The integration of PosSol technology into the business is the next stage of development and will unite the back offices on to one platform. The PosSol and Origen businesses will not be merged. In the interim, finance, regulation and risk director Jim McGuinness has been appoin- ted acting CEO on the recommendation of Marr, until a full-time replacement is found. Marr says: “My involvement with Origen will just be as an adviser and I will still be handling some major clients. We have achieved what we set out to do this year but I am taking time to reflect on some per- sonal matters after what has been a very hectic year.” Aegon UK distribution managing director and Origen chairman Peter Dornan says: “Positive Solutions and Origen will not merge as they are two different operations but we are aiming to run the business from one platform. At this stage, Positive Solutions can provide 90 per cent of the technology that Origen needs.”
Nice to see Standard Life’s corporate responsibility manager Andrew Marshall-Roberts getting down and dirty for a good cause. The provider has set up a Treemail scheme which aims to replant a forest in the Scottish Highlands with a 100,000 donation to the Trees for Life charity. Standard has pledged to buy a seedling for each […]
Advocate of fee-based advice joins German giant to build UK wealth management business
Financial Express has set up its own fund ratings service, Crown Ratings. It uses a blend of quantitative and qualitative analytical screens, including measuring a portfolios volatility, consistency and returns against its benchmark.
Dunedin smaller companies investment trust manager Andrew Paisley has left Aberdeen Asset Management.
By James Dowey, Chief Economist and CIO at Neptune The Bank of Japan (BoJ) surprised investors on 28 April by holding monetary policy steady following the meeting of its Policy Board. Many investors had expected an easing of monetary policy and, as such, the TOPIX Index has fallen and the yen has strengthened. Why has […]
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