View more on these topics

Gartmore appoints new portfolio manager

Gartmore is promoting Tim Callaghan to the role of portfolio manager in the European equity team of its investment division.

Callaghan has been with Gartmore since 1991 as an investment manager, prior to which he was a fund manger with Morley Fund Management.

Gartmore head of European equities Stephen Jones says: “Tim will play an active role in the day to day selection of investments and will strengthen the already proven European equities process.”


LibDems will relax rules on annuities

The Liberal Democrats will relax annuity rules and give individuals a greater voice in the running of occupational pension schemes as part of their manifesto commitments on financial services.People with company pensions, including those already retired, will be given greater control over the running of their pension fund.LibDem social security spokesman Steve Webb says: “We […]

AIG seminars on economy

AIG Life is running a series of seminars around the UK for IFAs to discuss the economic outlook.The 46 half-day seminars will be held between June 4 and July 6 and AIG expects over 7,000 IFAs to attend.The seminars, being led by sales director Neal Bailey, aim to provide IFAs with up-to-date economic commentary.AIG says […]

Julian Gibbs

Leading pension provider Skandia has launched a distinctive alternative to stakeholder pensions designed specifically for the IFA market. In the new pension environment,IFAs will need to prove genuine added value in recommending non-stakeholder products. This means it is very difficult for any company with stakeholder products to provide a compliance-proof pension arrangement for the IFA […]

Possible bid for Towry Law

Beleaguered IFA Towry Law has admitted a substantial pension misselling liability and confirmed it has received a conditional takeover approach.It is believed Australian giant AMP could be in the frame to acquire the IFA, as reported exclusively in Money Marketing on April 5.Towry Law says the pension misselling liability resulted from its acquisition of IFA […]


MPAA consultation

By Fiona Tait, pensions specialist The chancellor’s announcement of proposed cuts to the Money Purchase Annual Allowance means it will be more important than ever to be able to tell your PCLS from your UFPLS What was in the statement? Not much. The chancellor spared three sentences to inform us that the Money Purchase Annual Allowance will be reduced […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment