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L&G recruits head of protection sales

Legal & General has appointed Martin Noone as protection sales director. He will be responsible for protection sales through the IFA channel. Noone previously ran Bupa’s individual protection and group risk sales operation.


Bonham Carter highlights healthy correction

Jupiter Asset Management chief executive Edward Bonham Carter says the recent correction is just a healthy part of market behaviour and could result in a number of opportunities in the market.

Annuity warning for Resolution investors

Hargreaves Lansdown head of pensions research Tom McPhail says Resolution’s pension policyholders could end up with a poor deal on annuities if the life company’s merger with Friends Provident goes through.One of the proposals of the £8.4bn merger between Resolution and Friends is that Resolution pension investors would be offered Friends Provident annuities but McPhail […]

Old Mutual to merge funds and raise fees

Old Mutual Asset Managers is to streamline its fund range in a move that will see charges rise on some products and its managers given the ability to adopt Ucits III powers.The company is planning to convert its unit trust into Oeics in September and use the opportunity to amalgamate six funds that are either […]

Global income: preparing for a rate rise…

In the five years since we launched the Artemis Global Income Fund, its manager Jacob de Tusch-Lec has built a distinctive portfolio that is first among its peers. Here he explains why his “quality, cyclical and value yield” stocks, and flexible approach, leave the fund better placed to benefit from uncertainty than funds that depend […]


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