View more on these topics

People on the move

Skandia UK marketing director Nick Dixonand sales director Andy Davies are to leave the firm as part of the merger with Old Mutual Wealth. Michelle Andrewshas been appointed Old Mutual Wealth marketing director for UK, international and Europe while Steve Powellhas been appointed sales director for the UK.

Standard Life’s head of pension policy John Lawson is leaving to join Aviva. Lawson will become head of corporate benefits policy answering to managing director of corporate benefits Graham Boffey.

John Devine has been appointed as a non-executive director at Standard Life Investments. Devine was previously global chief operating officer at Threadneedle Investments.

Reliance Mutual has appointed Chris Lerpiniere and Cameron Mills as executive directors to sit on the board of the mutual. Lerpiniere is currently head of operations and Mills is chief actuary.

LV= has appointed Mark Austen as chairman taking over from Dennis Holt. Austen who is currently senior independent director and has previously headed up financial services consulting at PricewaterhouseCoopers will take over the position from May 2013.

Patrick Mill has been appointed as managing director of Alliance Trust Savings with immediate effect. Mill was previously distribution director at ATS and was previously sales director at Prudential and was managing director of financial services at Bradford and Bingley.

Kevin Rait has joined Heartwood Investment Management as intermediary client director. Rait joins the company from Arbuthnot & Co where he oversaw the launch of its discretionary fund management service for financial advisers.

Sun Life Direct has appointed Dean Lamble as managing director to take over from Mark Howes who is to take over responsibility for parent company Axa’s direct life and health protection businesses. Lamble joins from Aviva where he was distribution development director.


Annuity Direct: FSA implementing Solvency II through “back door”

Annuity Direct chairman Alan Higham says the FSA is “implementing Solvency II by the back door” by forcing insurers to hold more capital. Annuity rates have been in freefall this year. According to analysis conducted by MGM Advantage, conventional annuity rates fell by 7 per cent between June and September this year, while enhanced rates […]


Nick Bamford: Why you really do need a paraplanner (and other support)

Richard Bishop engendered a lively debate this week with his piece Do I really need a paraplanner? Contributors put forward their arguments both in support of the need for a paraplanner and against such a role. Certainly one of the things we have noticed is that since the paraplanner role has developed recruitment agents have […]


Standard Life set to launch flexible drawdown proposition

Standard Life will unveil its flexible drawdown proposition later this month, over a year after the Government introduced the regime as part of reforms to abolish compulsory annuitisation at age 75. Standard Life has contacted advisers outlining plans to launch a standalone flexible drawdown product on 29 October. The Flexible Income Drawdown plan, or FID, […]


Govt rejects compulsory consultations for EU regulation

The Government has rejected calls to impose a duty on UK regulators to consult on European and international regulations. Speaking in the House of Lords on the Financial Services bill yesterday, Lord Howard Flight argued for an amendment to the bill to force UK authorities to consult with the industry and consumers. He said there […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm