View more on these topics

People on the move

This month’s moves include changes at Jupiter, MetLife and Standard Life Investments 

Ross Teverson of Jupiter

Ross Teverson, the former investment director at Standard Life Investments, has taken up his appointment as Jupiter’s head of strategy, global emerging markets. The role was created for him and will involve leading the group’s emerging markets equities team. Teverson has 15 years’ experience and manages global emerging market equities using an unconstrained style.

Hillgarth Tristan JPMorgan Overseas IT 2014

The JPMorgan Overseas Investment Trust has appointed Tristan Hillgarth as an independent director. Hillgarth has worked in asset management for three decades, including 14 years at Invesco Perpetual where he was UK and Europe chief executive. Between 2005 and 2012, Hillgarth was a director at Jupiter Asset Management.

Fearon-Jonathan-Standard Life Investments-2014

Standard Life Investments has made two hires in its European equities team. Jonathan Fearon is manager of SLI’s European Equity Growth fund. He will also run the European Equity component of the Global Advantage fund and provide analysis of the European banking sector. Fearon joins from Ignis Asset Management, where he managed two European equity funds. Tom Dorner has been recruited from Citigroup as investment director in SLI’s European equities team.

Elston-Peter-Seneca Investment Managers-2014

Liverpool-based Seneca Investment Managers has appointed Peter Elston as global investment strategist. Elston was previously head of Asia Pacific strategy and asset allocation at Aberdeen Asset Management and managed three multi-asset funds. At Seneca he will have a major role in the asset allocation and regional spread of the firm’s two multi-asset Oeics, and in the Seneca Global Income & Growth Trust.

Investment and wealth management group Walker Crips has hired Matt Ennion as investment director in its York office. He joins from Towry, which acquired in June the financial management arm of Baker Tilly, where Ennion was investment director. With 15 years’ experience in asset management, Ennion previously worked at RSM Tenon and Berry Asset Management.

Walker Crips has also hired investment manager Ian Amiee from JM Finn. Amiee specialises in smaller firms in the medical and technology sectors. Investment manager Sue White also joins Walker Crips in its stockbroking division, having spent the past 11 years with EFG Harris Allday.

MetLife has created the role of wealth management director for Simon Massey, former intermediaries director at Scottish Widows. Massey has 28 years’ financial services experience and was hired to deliver MetLife’s growth plans for the guaranteed drawdown market ahead of the pension reforms in 2015. He will develop new strategic partners and drive sales for the firm.

Thomas Miller Investment has strengthened its private client business with the recruitment of Scott Baikie as senior portfolio manager. Baikie, who specialises in private client portfolio management and direct equity research, was previously an associate director at Adam & Company Investment Management, where he spent the past eight-and-a-half years.

Bath Building Society has appointed Robert Derry-Evans to the role of chairman to succeed Chris Moorsom, who is retiring. Derry-Evans, who joined the mutual’s board in June, will assume the role on 1 January. He spent more than 20 years at legal firm Cameron McKenna, serving as partner between 1985 and 2008. He is also director of legal resource provider OmniaLegal.







Pensions regulator shuts down £134m liberation schemes

The Pensions Regulator has put a stop to five connected pension liberation schemes that received transfers totalling more than £134m from over 1,400 individuals. Following an investigation, the regulator commenced High Court proceedings in July 2013 against A Admin Ltd, Warwick Pensions Administration Ltd, Lincoln Pensions Administration Ltd, Baxendale Walker LLP, and Paul Baxendale-Walker. The […]


Chris Gilchrist: Act two of the life office tragedy

In the 1960s, the industrial branches of life offices were coining money from the upwardly mobile working classes. However, by the late 1960s, the worm of inflation was gnawing at their apple. In one five-year period in the 1970s, inflation reduced the purchasing power of money by 65 per cent. Along with every other business, […]


Savers face tax self-assessment headache under new pension freedoms

Tens of thousand of savers face paying unexpected tax bills and HMRC fines because they do not understand the rules around pension freedoms next year, new research shows. Annuity provider MGM Advantage warns thousands could be pushed into the higher tax band and face self-assessments for the first time without understanding the rules. The average […]


Lloyds and Which? moves lay bare protection advice challenges

Advisers say the challenges of selling protection have been laid bare after Lloyds Banking Group pulled out of standalone protection advice and Which? decided to scrap plans for a protection advice arm. Last week, Money Marketing revealed Lloyds will no longer offer standalone advice on protection products through its Halifax, Lloyds Bank and Bank of […]

Natixis video: Making smarter use of asset classes

Content supplied by Natixis Global Asset Management This video from Natixis Global Asset Management focuses on Active Share. One strategy for the smarter use of equity investments is ensuring you get what you pay for. According to the company, looking at Active Share can give you a better perspective on where performance comes from. Active […]


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