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LGIM appoints Finch as head

Legal & General Investment Management has appointed James Finch as head of financial institutions.

In his new position, Finch will be responsible for the sale and distribution of LGIM’s investment capabilities to financial institutions in the UK as well as oversees.

Prior to his appointment at LGIM, Finch gained 12 years of industry experience. Finch has formerly worked for Barclays Global Investors where he was head of liquidity sales. He has also worked at JPMorgan Asset Management in London as head of European sales for the global liquidity business.

Finch says: “I’m delighted to be joining LGIM’s Institutional Distribution Team as it looks to expand its range of products, client solutions and presence in new markets.”

LGIM head of distribution, Hugh Cutler says: “James brings a wealth of distribution experience that will help a broader range of clients access LGIM’s proven investment capabilities. I am very excited by his appointment.”



Amex casts cloud over company pensions

Industry experts have warned that American Express’ shock decision to suspend contributions into its UK stakeholder pension scheme for up to 18 months may see other firms follow suit.

People on the move: Mortgages

HML has appointed Martin Frazer as director of client relations. Frazer joined HML in March following the merger of Skipton and Scarborough building societies. He was group commercial director of Scarborough as well as managing director of SMS, Scarborough’s third-party mortgage admin subsidiary.

Low points

Interest rates have been the centre of many investment discussions in the past year. With the Bank of England deciding to hold interest rates at their historically low level of 0.5 per cent, it appears that this topic is not likely to go away any time soon.


A good bundle or a bad switch?

This week Abbey for Intermediaries began trials of its ‘switcher’ scheme whereby advisers can secure a preferential mortgage rate by signing up their clients to an Abbey current account.


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