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Friends Life chief joins Pension Corporation

Friends Life chief investment officer Rob Groves is set to join specialist bulk annuity provider Pension Corporation. Groves will be responsible for managing Pension Corporation’s portfolio, including asset and liability management, manager selection and interest rate and inflation hedging. The insurer has £14bn of assets under management. A Friends Life spokesperson says Groves’ departure is […]

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Old Mutual chief threatens adviser with FCA over ‘abusive’ calls

Old Mutual Wealth chief executive Paul Feeney has threatened to refer an adviser to the FCA in a spat over a disputed client transfer, Money Marketing can reveal. The threat followed a failed attempt by Barrett Financial Solutions senior partner Kim Barrett to assign a high value client to his authority. Barrett says the client, […]

Jane Cuthbertson

Ten tips for being a successful networker

Networking is a crucial part of developing referrals and opening new doors. Indeed, many advisers we work with are building profitable businesses almost solely on referrals. Building a referral network is a great way to find new clients and prospects. However, contrary to popular belief, networking is not about trying to sell your services to […]

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Aviva’s Casal replaces Womack as global real estate unit boss

Aviva Investors has appointed Ed Casal as chief executive, global real estate, replacing Ian Womack who is retiring. Casal, currently Aviva’s global indirect real estate managing director, will oversee Aviva Investors Real Estate global operations as well as joining the unit’s executive committee with effect from 1 July. Bart Coenraads, who is head of Asia […]

Boosting our annuity strategies

Targeting annuity purchase in lifestyle strategies isn’t anything new but we’ve just lifted the bonnet and injected an enhancement shot into the end-point of these solutions. The recent volatility has shot short-term volatility into equity markets and painted a very turbulent backdrop but we’re also equally faced with a stressed fixed interest environment. This can […]

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