View more on these topics

RLAM to run National Assembly pension fund

Royal London Asset Management has been appointed by the Northern Ireland National Assembly&#39s pension trustees to manage members&#39 pensions.

RLAM will now manage funds worth £3m after winning what it describes as a competitive tender for the business.

The fund will form part of RLAM&#39s pooled pension fund launched last June.

RLAM has £18bn in funds under management, including around

£2.5bn from institutional pension funds. The company says it has won seven out of 14 pitches for pension funds over the last 12 months.

Director of sales and marketing Howard Daldorph says: “We are delighted to have been awarded the mandate after a competitive tender.

“The appointment continues our successful start to the year and reaffirms our determination to broaden our UK client base.”

Northern Ireland National Assembly chairman Denis Watson says: “RLAM offered a compelling investment track record and an intelligent outlook.

The managers have a structured and disciplined approach to stock selection, which it clearly delivered in the past.”


Payback for renewals?

With the remuneration profile of the financial services industry moving away from up-front indemnity to longer-term payments of renewal commission, it is wise to look at the basis of the new payment stream. Already, we have seen that life office and unit trust managers do not apply the payment of renewal commission uniformly. Some will […]

Julian Gibbs – March 15th, 2001

The Budget was really very boring for investors except for those with shares in bookmakers. So where will investors find best value at the present time? I believe, along with the majority of leading fund managers, that Europe is the best answer for three main reasons. First, many shares are under-researched and often undervalued. There […]

Scottish Equitable goes for the business market

The world of work is being targeted by Scottish Equitable with its business protection plan.Business protection is a menu-based product that has been aimed at businesses that want to protect themselves against any accidents or ill health from their staff. This can include organisations that want to protect against key members of staff falling ill […]

Gartmore appoints financial controller

Gartmore has announced that Keith Starling will join the fund manager as financial controller as of this week. He will be responsible for managing the key financial activities of the fund manager, including management accounting, group reporting, statutory reporting and treasury issues.Starling comes from Credit Suisse Asset Management where he was director of the finance […]

Life begins at…

By Fiona Holmes, proposition communications manager Having reached a certain age (it’s the new 40 by the way), I’m having to come to terms with the fact that my peers and I aren’t as immune from illness or death as we’d like to think. That’s the problem with 30 being the new 20 and 40 […]


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