Hedge fund manager Man Group is to float or sell Man Financial, its brokerage arm, as a stand-alone business. The move follows the successful 1.9bn flotation of Refco, a similar US operation, last week.
Nationwide Building Society
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The FSA has strengthened its arrest and search capabilities by reinforcing links with police chiefs throughout the UK in the fight against financial crime. The regulator has signed a memorandum of understanding with the Association of Chief Police Officers, setting out how the FSA and police forces in England and Wales should co-operate over the […]
Jupiter is to rebrand an in-house portfolio and launch it into the retail market as the Merlin balanced man- aged fund.
Friends Provident appoints Ian Jefferies as head of protection marketing, effective from September 2005.Jeffries takes over from Peter Hamilton, who moves to Zurich’s protection team, as reported in Money Marketing.Jeffries, who has been at Friends Prov for nearly twenty years will amongs other responsibilities be developing the protection proposition including the management of the proposition […]
As more and more employers reach their auto-enrolment staging date, thousands of HR, pensions and finance professionals have been tasked with navigating the minefield of ongoing scheme governance and auditing with little support.
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Old Mutual Wealth has appointed Jeremy Mugridge as proposition marketing head for its platform. Mugridge previously worked in marketing at Old Mutual Wealth but now joins the business from Aegon where he was working on consultancy projects. In his new role he replaces Tom Hawkins who will lead Old Mutual Wealth’s team of office-based consultants. […]
The Financial Ombudsman Service does not plan on making any changes to the way it is funded in the next financial year. The FOS published a consultation today about its proposed plans and budget for the 2018/19 financial year. The consultation says the organisation is aware it will need a funding model that accounts for […]
Savers will only be engaged in the pension dashboard if they have trust and confidence in the information it provides, according to the pensions minister. Speaking yesterday at a pensions dashboard development day event, pensions and financial inclusion minister Guy Opperman said all parts of the industry need to be on board with the project […]