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RSM Tenon appoints new chairman

RSM Tenon has appointed Tim Ingram as its new chairman, replacing Adrian Martin.

Ingram, who also joins the board of the firm, was previously chairman at Collins Stewart Hawkpoint until March 2012 and was recently a senior independent non-executive director of the Sage Group and Savills plc.

Martin will remain with the firm until June 22, 2012, to ensure a smooth transition.

RSM Tenon chief executive Chris Merry says: “This is an important time for the Group and I am delighted that Tim has agreed to become Chairman. We continue to make good progress with our cost reduction programme and the development of our strategic plan. I look forward to working with Tim to return the Group to profitability. 



FSA bans stockbroker for ‘reckless misconduct’

The FSA has banned managing partner of First Colonial Investments LLP George Leavey for “reckless misconduct”. The regulator says Leavey was carrying out a significant influence function without FSA approval, failing to oversee the segregation and protection of client money and approving misleading financial promotions.  FCI was a stock broking firm based in London. The […]

Ben Yearsley leaves Hargreaves Lansdown

Hargreaves Lansdown investment manager Ben Yearsley has left the firm after 15 years. Yearsley (pictured) is leaving by mutual consent and it is understood he is taking some time out of the industry. Yearsley joined Hargreaves Lansdown in 1997 and was initially on the investment helpdesk. He joined Mark Dampier in the investment research team […]

RLAM appoints global high yield head

Royal London Asset Management has hired Azhar Hussain from Insight Investment Management as its new head of global high yield. Hussain, who will report to Jonathan Platt, head of fixed interest at RLAM, will concentrate on expanding the asset manager’s high yield investment capability. Prior to joining RLAM, Hussain was head of high yield and […]

Skandia launches adviser charging structure

Skandia has started taking applications for adviser charging through its platform. Skandia Investment Solutions will enable advisers to sign up customers to adviser charging which allows monetary or percentage charges via initial, regular, switch and adhoc fees. The charging structure comes under Skandia’s current capped limits of 4.5 per cent initial, 3 per cent switching […]

Five reasons for optimism in India

By Kunal Desai, Head of Indian Equities at Neptune Investment Management Following the MSCI India Index’s 26.4 per cent return in 2014, stemming from a 7.3 per cent rise in GDP, investors have recently become increasingly concerned about India’s future growth potential. What has happened to India’s reform agenda and are there any signs of […]


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