Barclays Wealth has appointed Alexis Xenophontos as the chief operating officer of its investment & product office. Xenophontos joins Barclays Wealth from the investment solutions division of UBS Global Wealth Management & Business Banking. He will commence the new role on February 1 2007 and will report to the firm’s chief investment officer and head […]
Misys says it is expecting Sesame’s network to see a drop-off in numbers in favour of multi-tie proposition Sesame Select.The group, which last week issued its interim results for the six months to November 30, 2006, says there are curr-ently 1,450 registered individuals signed up to Sesame Select and it expects this will lead to […]
Fundsnetwork is amalgam-ating its sales and market-ing teams. Head of sales Simon Burgess and north regional sales manager Jacki Platt are leaving. Head of marketing Rob Fisher will run the team and further job cuts are expected.
The Financial Services Compensation Scheme is pursuing precipice bond providers for up to 30m in an effort to recover cash paid out on misselling claims where the adviser firms have gone bust.Letters have been sent to relevant providers in the last month, signalling the FSCS’s intent to recover the money it has paid out to […]
Adviser trade body Pimfa has called on the government to go forward with the pensions dashboard as rumours swirl that ministers are considering abandoning the idea. Pimfa’s call comes after reports claim work and pensions secretary Esther McVey believes that the pensions dashboard would be a distraction to rolling out universal credit and so should […]
The Money Advice Service will soon be superseded by a new public financial guidance body, rolling it into Pension Wise and The Pensions Advisory Service. Money Marketing looks at some of the key stats for the organisation ahead of the transition.
The year so far has been full of manager and senior staff moves. Earlier this month, eight senior staff at Standard Life Aberdeen left to go to Aviva Investors, to join former Standard Life Investments equities head David Cumming. With moves like this in mind, is a management team or sole manager the better choice? […]