Architas has appointed senior investment manager Nathan Sweeney as co-manager at the firm, after the departure of Stephanie Carbonneil to join Schroders. Sweeney will manage the the £770m Architas Multi-Asset Active range and run the six risk-profiled funds alongside existing co-manager and Architas chief investment officer Caspar Rock. Sweeney replaces senior investment manager Stephanie Carbonneil, who will […]
A convicted fraudster has been sentenced to an additional four years in prison by Westminster Magistrates’ Court after failing to make any payments towards a £364,000 fine, following an investigation by the Serious Fraud Office. In April 2012, US national Brian O’Brien was extradited and convicted for his part in a £4m boiler room fraud. […]
Fixed penalty notices also increase in Q1.
Adviser consolidation firm Bellpenny has completed two further IFA acquisitions for an undisclosed sum. The deals, for Caledonia Edinburgh Limited and Midlands-based firm Rawson Steele IFA, add £84m in funds under management to Bellpenny. The business as a whole is now responsible for over £3bn in investor funds. Caledonia Edinburgh adviser Lynn Healy will transfer […]
Edenred has partnered with Johnson Fleming to launch an auto-enrolment solution for small to medium-sized enterprises (SME) that will help employers fulfil their pensions obligations.
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