Old Mutual Asset Managers has appointed Mark Allpress as head of UK retail sales. He joins from BNY Mellon.
The Pension Protection Fund estimates pension schemes faced a total £80.1bn shortfall at the end of July, up from a £63.1bn shortfall the previous month.
Baring Emerging Europe has appointed Jonathan Woollett as a non-executive director.
As I was preparing to write this column, I suddenly found myself wading through a succession of One Year of the Credit Crunch stories. Some pieces were informative, others entertaining, a few were truly outstanding.
It was great to see our industry picking up on the themes of product relevance in 2016 and making it easier to access protection cover. But the biggest change I saw in 2016 was a shift to talking more about the end customer and building the right propositions for them. Following the events of last […]
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Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits