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Dentons acquires RSM Tenon Sipp arm for undisclosed sum

Dentons Pension Management has bought RSM Tenon’s Sipp arm, Tenon Pension Trustees, for an undisclosed sum.

The deal will see Dentons add 650 Sipp plans to its existing book of business.

Dentons sales and marketing director David Fox says: “At a time of uncertainty for many providers this acquisition is a strong statement of intent by Dentons.

“We are looking forward to building strong strategic relationship with RSM Tenon and their advisers. This acquisition is also evidence that consolidation is continuing in the Sipp market, ahead of the final capital adequacy rules.”


Axa UK appoints new chairman

Axa UK has appointed Ian Brimecome as chairman to replace Anthony Hamilton who is retiring. Brimecome has been a non-executive director of Axa UK since March 2007 and takes up his new role today. Brimecome also serves as chairman of Equitable Life Assurance Society. Hamilton says: “I am delighted to be succeeded by Ian Brimecome […]

FNZ announces new UK chief following shock McMahon departure

Platform provider FNZ has named group chief operating officer Guy Warren as UK chief executive following the surprise departure of Paul McMahon last week. McMahon joined FNZ to head up its UK business in the second half of last year after quitting as Aegon group marketing director in May. Last week Money Marketing revealed McMahon […]


Tom Baigrie: It is time for a protection trade body

It seems frankly bathetic to write about anything else when the savers of Cyprus seem likely to have their money stolen by order of the ‘Troika’ charged with saving the Euro. It might be that many of the foreign savers using Cypriot banks came by their money in ways they wouldn’t want fully investigated, but […]

FSA mandates inflation-adjusted projections for pensions

Pension providers will be required to show customers the impact inflation could have on investment returns despite concerns the move could lead to a drop in pension sales. The new rule, which will apply to generic and personalised pension illustrations for both personal and stakeholder schemes from April 2014, is being introduced by the FSA […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here


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