Head of intermediary development Alan Dring is to leave Standard Life Bank to pursue new opportunities. The position he leaves is under review and no replacement has been appointed.
Last week’s Money Marketing ran a story on the executive changes made at Bankhall and it seems an apposite time to give some contextual background to these changes. I would like to look at three core subject areas namely, rationale behind the changes, short term initiatives and longer- term strategy.
Old Mutual Asset Managers
Old Mutual Prosper 80
1st, the technology provider for 11,000 advisers, has bought back the 28.6 per cent share of its business owned by Misys for an undisclosed fee. The deal continues Misys’ retreat from the IFA arena after last month’s provider buyback of the company’s 60 per cent stake in Assureweb and the appointment of Lexicon Partners to […]
HBOS is bringing together all of its intermediary and partnership businesses into one area and reshuffling its management team across its business-to-business division. Intermediary business from the retail and investment and insurance division will be combined to strengthen the relationship with all introducers. Birmingham Midshires managing director Nigel Stockton is being given a wider role […]
Holly Cassell, Assistant Manager of the Neptune UK Opportunities Fund The decision of the Federal Reserve not to raise US interest rates at its September meeting was met with surprise by many, and has been blamed by some as the chief catalyst for the global market volatility that followed. How does this affect the timing […]
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