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Russell Investments bolsters UK IFA team

Russell Investments has appointed Danny Callaghan as head of UK IFA sales within its UK private clients services investment team.

Callaghan joins from Montpellier Asset Management where he was a partner. He was responsible for transforming the firms business model for the RDR. Prior to this he was a sales director at Zurich Financial Services.

He will work alongside Rob Baird, who recently took up the position of channel management director for the team.


Keep CTF systems so parents can carry on saving

Shadow Treasury minister David Hanson is calling for the coalition Government to retain the IT systems that enable parents to save for their children through child trust funds. At a fringe event on young people and saving at the Labour conference, Hanson criticised the coalition for abolishing the Government contribution to CTFs. He said: “One […]


Ken Clarke warns over double dip

The British economy is at risk of a double dip recession and it could take five years to return to “economic normality”, according to Ken Clarke. In an Observer interview the Justice Secretary said there was a real risk of the UK being pulled into another recession by global events, although the chance of this […]


Lord Hutton: Public sector workers should pay more into pensions

Public sector workers should pay higher contributions into their pensions schemes, according to Lord Hutton. The Independent Public Service Pensions Commission interim report, published this morning, says three short-term options were considered for dealing with the sustainability of public sector pensions, of which higher payments was the most effective. The other options were changing the […]


£400M a month Isas show limit rise pays off

Gross inflows into stocks and shares Isas have averaged over £400m a month since the Isa allowance was raised to £10,200 for over 50s in October last year, according to the Investment Management Association. Between October 2009 and August 2010, net Isa sales totalled £4.66bn. Following the increase in the limit, the IMA says net […]

US election

Capital Market Notes, November 2016 David Lafferty, chief market strategist at Natixis Global Asset Management, looks at the impact on markets and portfolios since the somewhat surprising outcome of the US election. Click here


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