View more on these topics

L&G Investments appoints sales director

Legal & General Investments has appointed Frank McGarry as sales director.

McGarry was previously Insight Investment head of intermediary sales and prior to that was Cofunds sales director. McGarry will take up his new role in October.

L&G Investments managing director Simon Ellis says: “Hiring Frank is part of our continued drive to grow L&G Investments and broaden our impact in the market. The capital and intellectual assets of our business stand us in extremely good stead to realise our ambition of being a top five unit trust provider in the UK.”

McGarry says: “LGI has some outstanding funds but there are also other offerings that should be better known and new product developments in the pipeline. There is a great opportunity to gather assets across a number of asset classes and I’m looking forward to being part of the continued growth of the business.”


Advisers must look at tax avoidance details

The Liberal Democrat conference in Liverpool this week is the first major test of the Coalition’s ability to keep everyone together. But we can already see the desire of LibDem activists to ensure their party remains distinct from the Tories. With LibDem support slumped to 15 per cent in the polls, it is not surprising […]

JP Morgan Asset Management confirms Gartside appointment

JP Morgan Asset Management has confirmed the appointment Nick Gartside to its fixed income investment team as international CIO of fixed income. Money Marketing revealed yesterday that Gartside is to leave his role as Schroders global head of fixed income at the end of 2010 to join JPM. Gartside joined Schroders in 2002 as a […]

Munich Re appoints new CEO

Munich Re has announced that Andrew Rear will succeed Jonathan Ludbrook as chief executive with responsibility for the UK, Irish, African and Australian life reinsurance markets. Ludbrook is retiring after almost 29 years with Munich Re. Rear currently leads the EMEA insurance practice at consultants Oliver Wyman, and is a UK actuary. He begins his […]

Woodford says prospect of a double dip is rising

Invesco Perpetual income guru Neil Woodford has warned that the chances of a double-dip recession in the UK are on the rise. He says the possibility of two quarters of negative GDP is directly linked to the increasing likelihood of more spending cuts and bigger budget deficits. He says house prices could drop significantly, claiming […]

Cricket - thumbnail

England vs Australia: pensions

Well, the cricket season is here, and England and Australia are stepping up to the wicket. Although we compete with each other in the sporting world, when it comes to pensions, Australia’s pension programme is held up as a model for our auto-enrolment initiative. Auto-enrolment was introduced because people weren’t saving enough into their pensions, and it is still early days but signs are positive. However, in Australia, saving into a pension is compulsory, and in fact employers are the ones who have to pay in. Employees in Australia can make additional contributions into their pensions, but they don’t have to. Should the onus be on the employer or employee to save? Well in the UK we think it’s both, but to get ‘adequate’ savings for retirement it’s the employee who has to pay more in.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm