View more on these topics

Ex-Origen duo to lead Punter Southall start-up

Former Origen duo Stephen Greenstreet and Rob Tinsley are to head a new at-retirement business for Punter Southall.

The new Aspire division will provide non-advised and advised solutions to individuals, corporates and strategic partners. It will also offer pre-retirement consultancy services and launches later this year.

Greenstreet was managing director at Origen and Tinsley was head of retirement strategy. Greenstreet says: “There are several broking platforms but Aspire will deliver additional vital communication and guidance in the run-up to retirement, helping individuals fully understand and appreciate the importance of using the open market option and making the right decisions.”

Punter Southall Financial Management managing director John Hamilton-Hunt says: “There is demand for the blend of skills and background we can offer. We are here to help people make the right decisions at retirement and bringing in the experience of Stephen and Rob will help to develop Aspire into a market-leading presence.”

Worldwide Financial Planning IFA Nick McBreen says: “The link between the Aspire proposition and Punter Southall will make this a very attractive proposition for advisers.”


Lyttleton cuts holdings in absolute fund

BlackRock fund manager Mark Lyttleton has slashed the number of holdings in the £1.1bn UK absolute alpha fund on the long and short side by 20 per cent to create a more “high- conviction” portfolio. He has reduced holdings from 100 to 80, raising the stock concentration. In 2011, the fund’s performance fell by 6.9 […]

Abbey for Intermediaries launches NewBuy range

Abbey for Intermediaries has launched a range of products for the Government’s flagship housing initiative NewBuy. AFI is offering a three-year fixed rate and a five-year fixed rate at 5.49 per cent and a seven-year fixed rate at 5.99 per cent. All three products are available for a £99 fee. The three products are limited […]


Aviva is criticised over restricting IFA redress

An adviser has hit out at Aviva for refusing to pay him his full hourly rate when it compensated him for time spent resolving problems caused by poor customer service. Oakwood Insurance Consultants and Financial Services IFA Alan Kendrick has made a number of complaints to Aviva this year after a series of delays. In […]

UK: mid-year review and outlook

By Mark Martin, manager of the Neptune UK Mid Cap Fund, and Scott MacLennan, manager of the Neptune UK Opportunities Fund H1 2014• Equity markets continued to show strength: despite a strong rally in 2013 driven by a market-wide re-rating, equity markets continued to generate positive returns for investors. Economic activity continued to be stimulated […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment