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Pru appoints UK chief exec

Prudential has appointed John Foley as chief executive of its UK and Europe business and made him an executive director of the group. Foley, who has held the role on an interim basis followed Tidjane Thiam’s departure in 2015, joined Prudential in 2000 as deputy group treasurer. He subsequently held positions including group treasurer, group […]

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AllianceBernstein hires Franklin Templeton director as UK CEO

US fund manager AllianceBernstein has appointed Jamie Hammond as its head of the EMEA client group and chief executive. Hammond, who previously worked at Franklin Templeton as managing director of Europe, will report to the global head of the firm’s client group Robert Keith. His appointment is subject to regulatory approval. Before Franklin Templeton, Hammond was the […]

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Kames reshuffles strategic bond team

Kames Capital has reshuffled its strategic bond team, appointing Juan Valenzuela as co-manager on the Strategic Bond fund. Valenzuela will work alongside existing managers David Roberts and Phil Milburn on the £665m fund. He will also become the support manager on the £1.1bn Dublin-domiciled Strategic Global Bond fund. Valenzuela joined Kames in October last year, coming from […]

Treasury looks to address advice gap

By Jamie Clark, Business Development Manager, Royal London Hot on the heels of consultations on tax relief and pension transfers and early-exit charges comes a new investigation into the advice gap, and how this can be bridged. Ever since the new pensions freedoms were introduced, concerns have been raised about how people can get access […]

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