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Porteous joins Tenon

RSM Tenon has appointed John Porteous to its financial management team to develop its platform and technology.

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Mary Stuart

The scheme of things

Rule changes have made scheme pensions a potent new retirement force

Advisers slam IMA’s decision on managed sectors

Advisers have slammed the Investment Management Association’s decision to rename the active, balanced and cautious sectors with letters denoting the degree of manager discretion in the funds. Last week, the IMA set out plans to rename the active, balanced and cautious managed sectors as managed A, B and C and create a new managed D […]

Swiss Re acquires 300,000 Alico policies

Swiss Re has acquired 300,000 life insurance policies and £1.6bn of assets from Alico. Swiss Re has agreed the deal via its business unit Admin Re, which acquires blocks of in-force life and health insurance business. In November, Metlife acquired AIG subsidiary Alico for £10.8bn. Swiss Re executive board member and Admin Re chairman David […]

Billy Burrows, Director, The Retirement Partnership

Renewed confidence

If you want to know how to retire in style, go to Monte Carlo. However, the average pension fund in the UK would barely produce enough income to rent an apartment for a week so it was surreal discussing the future of the retirement income market in the richest principality in the world. In my […]

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