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Ilott joins Fidelity multi-manager team

Paul Ilott has joined Fidelity’s multi-manager team as communications consultant. The newly created role will see Ilott work alongside the portfolio managers as well as relaying the team’s views on underlying managers and market condition to IFAs. Ilott has over 20 years experience in the financial services industry, most recently as Bates Investment Services head of communications.

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Swip’s Euro team defects to BlackRock

BlackRock Mlim is to build on its European expertise in 2008 after recruiting three senior members of Scottish Widows Investment Partnership, including head of European equities Nigel Bolton.Bolton is to join the firm in January, having run Swip’s £32m pan-European equity fund since 2004.Alister Hibbert and Vincent Devlin are also moving to BlackRock, having run […]

IFAs are not the ones creating distrust

I feel that you have been too kind on the regulator, the Bank of England and the Treasury over the Northern Rock affair. I have no issue with what they have done, nor the Northern Rock management for providing innovative mortgage solutions to the UK market. I can remember having to plead with my bank […]

Banks are being under-regulated

I have asked the FSA to demonstrate that there is a foundation for its view that commission distorts sales and that banks offer a worthy solution to the savings shortfalls of middle to low-income groups. The FSA has supplied neither and therefore I conclude that the RDR is without foundation, perhaps even a manifestation of […]

Simon Fletcher

Auto-enrolment: pay attention or pay the price

By Simon Fletcher

As a chief executive officer of a business in the financial services sector, I have been dealing with the introduction of auto-enrolment for our clients for some time, but I can also speak from an employer’s point of view, having to go through the process ourselves.

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