Fidelity global focus fund manager Brenda Reed is leaving the firm after 18 years. Reed, who has managed the £334m global focus fund since January 2003, is leaving to join New York-based hedge fund firm George Weiss Associates. Her responsibilities have been passed on to Amit Lodha. Reed joined Fidelity in 1992 as a research […]
Philip Moore has left the Pensions Corporation to join LV= as group finance director, replacing Keith Abercromby. Moore was group finance partner and chief risk officer at the retirement fund buyout group Pensions Corporation. He was previously group chief executive of Friends Provident but he left following the collapse of its planned £8.8bn merger with […]
Jelf Employee Benefits looks at some of the key considerations employers should think about when reviewing and choosing a flexible benefits provider. Choosing the right benefits for your employees is one thing but delivering a successful employee benefits strategy is about understanding the complete picture and delivering it in a personalised way so that it resonates with each and every individual in your business.
Retirees are likely to miss out on sustainable income and death benefits if they do not annuitise at least part of their pot, new research finds. In a paper from actuaries Milliman, which draws on data from provider Just, Milliman modelled a pure drawdown strategy combining equities and bonds, and a combined annuity with an […]
Advice giant St James’s Place will block access to its investment platform for 10 days while it migrates services to a new provider. SJP tells Money Marketing that the work will affect online service ability for clients between 19 October and 29 October. A spokesman says: “SJP will carry out essential maintenance to our systems as part […]
This summer saw the S&P 500 rule headlines for enjoying the longest-running bull market in history. Yet, as per the old adage, what goes up inevitably comes down, and it is the job of advisers to manage clients’ portfolios accordingly – either directly or via the third-party investment services they use. A crude assumption might […]