National Savings & Investments saw new flows into its products more than double over the weekend. Its call centres also had higher than average call volumes, including many from Northern Rock savers.
Assureweb director of sales and marketing Stephen Wynne-Jones is leaving the firm. Norwich Union’s Mark Wilson will take over the trimmed-down role of head of propositions with chief executive John Spellman taking a more hands-on approach. Head of product management Chris Metcalf is also leaving after his position was made redundant.
BlackRock has announced the appointment of Stephen Hunnisett to its Europe, Middle East and Africa fixed income team as a senior credit analyst.
Despite concern about what they will be replaced with, 37 per cent of advisers say they will stop using the menu and initial disclosure document from November 1, according to Aegon research.
Aviva chief executive officer, Europe, Tidjane Thiam is joining Prudential as group finance director in April 2008.Thiam replaces Philip Broadley and will join the Prudential Board as an executive director.Thiam has previously held the positions of group strategy and development director and managing director, Aviva International. Prior to Aviva, Thiam was a partner with McKinsey […]
Do macro headlines create white noise which impacts market prices? Portfolio Manager at Harris Associates, David Herro, discusses how market volatility can create opportunities to buy good business at a discount.
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The Financial Services Compensation Scheme will automatically compensate hundreds of clients of a collapsed discretionary fund manager, but other investors will have to wait another five months to get their money back. London-based Beaufort Securities has been investigated by both the FCA and US authorities. An indictment from the US Department of Justice alleges that […]
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The FCA has reiterated its warnings that advisers outsourcing defined benefit transfer advice to firms with relevant qualifications cannot divorce themselves from responsibility for the eventual recommendation. While existing FCA rules require additional qualifications to advise on DB transfers, and the FCA has written to all firms who have DB transfer permissions as part of […]