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F&C appoints Woodward as head of investment trusts

F&C Asset Management has appointed Mike Woodward as head of investments trusts from January 1.

Woodward joined F&C in the summer from Martin Currie as deputy head of investment trusts and began his career at Ivory & Sime (now F&C asset management) in 1983.

He takes over from Michael Wrobel who retires from F&C next April.

F&C head of global retail Nick Criticos says: “Investment trusts are a hugely important part of our business, so ensuring a smooth succession ahead of Michael’s retirement has been an important priority for us.”


Bradshaw takes role at Sumus

Industry veteran Paul Bradshaw has taken over as chairman at Sumus and will oversee strategy for its portfolio of adviser brands.Bradshaw replaces Mike Innes, who stands down after two years. He will work closely with the management of the Sumus brands, Falcon Group, Financial Synergies and Financial Services Advice & Support, in a non-executive role.Falcon […]

Fidelity says defer auto-enrolment

Fidelity has welcomed plans highlighted in the White Paper to minimise the impact on employer schemes and leave the door open for branded provider choice. However, it says the Government must defer auto-enrol- ment of existing employees until 2015 or later.

Focus links with SJP

Focus has signed a contract with St James’s Place, provider of wealth management services.The contract is expected to be worth over £360.000, the majority of which will be recognised this financial year and is made up of a combination of licence andprofessional services revenue.Focus chief executive Richard Stevenson says: “This new contract is of particular […]

ABI gives in to pressure on CI cover for cancers

The ABI has bowed to pre-ssure from Swiss Re and changed its statement of best practice on critical-illness insurance for two types of cancer.In light of medical evidence from Swiss Re which suggests that the two cancers may be malignant in some cases, the ABI has decided that the rare conditions will now be covered […]


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