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Old Mutual appoints investment manager

Old Mutual Unit Trust Managers has appointed Chris Lynch as Investment Manager for the South West Region.

Lynch will be responsible for intermediary sales and servicing of unit trusts and Isas within the region.

He joins Old Mutual from CGU where he worked as a consultant at its Bristol office.


Scottish Widows predicts collapse of buy-to-let market

Scottish Widows Bank is predicting that demand for rented property is plumetting and the buy-to-let mortgage market is set to collapse.The Edinburgh-based bank says the market is in danger of overheating and will now only accept applications for its buy-to-let mortgages that are introduced by IFAs.Widows says it is refusing to accept direct applications because […]

William M Mercer supports Governments stance on stakeholder

William M Mercer has criticised financial services industry attempts to turn stakeholder into pseudo-group personal pensions.The employee benefits consultants say it supports the Governments resistance of these industry lobbyists, suggesting that for stakeholder to be successful it needs to return to its original objectives of being simple and low cost.It believes by keeping stakeholder simple […]


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