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PSigma IM appoints Tom Becket as CIO

PSigma has appointed Tom Becket as chief investment officer and Tim Gregory as head of global equities.

Becket joined PSigma six years ago and is currently head of global investment strategy at the firm. Alongside responsibility for the Wealth Management Solutions strategies, Becket also heads up the balanced managed fund of funds offering.

PSigma Investment Management, which launched in 2002, has also passed £1bn in assets under management.

PSigma Investment Management managing director John Howard-Smith says: “Reaching £1 billion of assets under management must be testament to our client service culture and focus on absolute returns. Our philosophy is straightforward; we are dedicated to delivering personalised investment solutions to suit clients’ unique and changing financial objectives.”


‘20 years’ to pay off Rock debt

Northern Rock chief executive Gary Hoffman has told Treasury select committee MPs it could take up to 20 years to clear Northern Rock Asset Management’s mortgage book and repay Government loans.

Pada builds Nest on personal accounts

The Personal Accounts Delivery Authority has revealed the personal account pension scheme is to be rebranded the National Employment Savings Trust. The working title of personal accounts will be replaced by Nest as the consumer brand for the pension saving scheme aiming at low to moderate earners. Pada says the cost of the rebranding exercise, […]


FOS appoints Natalie Ceeney as chief ombudsman

The Financial Ombudsman Service has today announced the appointment of Natalie Ceeney (pictured) as chief ombudsman and chief executive. Ceeney succeeds Walter Merricks who stepped down in October after ten years in the post. She will join as chief ombudsman on March 22, 2010 from the National Archives, where she is chief executive and keeper […]

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 


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