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O’Connell steps down at PPI

Alison O’Connell is stepping down as director of the Pensions Policy Institute to research retirement and pension policy on a freelance basis. She remains a governor of the PPI but Niki Cleal, who had been seconded to HBOS, returns to replace O’Connell as director.

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Baring appoints Siller to EMEA equity team

Baring Asset Management has hired Matthias Siller to join its Europe Middle East and Africa (EMEA) equities team.Siller joins from Austrian investment management company Raiffeeisen Capital Management.He has over nine years experience on both the buy and sell sides, including proprietry trading Central and Eastern European equities and derivatives, and will be responsible for the […]

FAS fight as Altmann faces up to Hutton

A war of words has erupted between campaigner Dr Ros Altmann and Work and Pensions Secretary John Hutton over the Government’s rejection of the Parliamentary Omb udsman’s report into pensions. Altmann has branded the Financial Assistance Scheme as “political spin” while Hutton has defended the FAS in an open letter to a national newspaper, saying […]

Insinger trims UK managers

Insinger de Beaufort has dropped Newton and Investec from its UK mandate because it believes the biggest risk to multi-managers is too many holdings leading to a replication of index returns within a double-charging structure.

Clerical aids advisers on A-Day issues

A series of adviser modules are being rolled out by Clerical Medical to help IFAs guide customers in the post-A-Day market. The modules aim to help intermediaries understand the impact of the new legislation and maximise opportunities. The first module, entitled, product suitability review, covers post-A-Day issues in executive pensions, section 32s, retirement annuities, free-standing […]

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