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Mary-Anne McIntyre exits Old Mutual in leadership reshuffle

Exit-Man-Door-Depart-Leave-700.jpgFormer Openwork chief executive Mary-Anne McIntyre is to depart Old Mutual just three months after joining as chief distribution officer.

McIntyre’s move from Openwork was only announced in March and she formally took up the role in September.

However, Old Mutual says she will leave the business as it completes changes to its advice leadership.

An Old Mutual spokeswoman declined to comment on the reasons behind McIntyre’s departure.

However, the firm said in a statement that McIntyre “leaves the business with our best wishes and we wish her every success in the future”.

She will be replaced by Intrinsic chief executive Richard Freeman, whose departure from the firm’s network business was announced in mid-November.

Freeman will be replaced at the helm of Intrinsic by Andy Thompson, who was previously managing director.

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Old Mutual Wealth to launch national advice arm

Old Mutual Wealth and its network Intrinsic are launching a national advice arm. The business will be branded Old Mutual Wealth Private Client Advisers and will draw on the investment offerings from Quilter Cheviot and Old Mutual Global Investors. The new business aims to offer advice through 10 regional offices employing around 250 qualified advisers […]

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Company sick pay – new findings

Research by insurer LV= suggests that some 11 million employees in the UK have no company-paid sick leave entitlement. So if an employee from within the above grouping cannot work through illness or injury for any period of time, their only income would likely be that provided by state benefits alone.

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