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Schroders appoints Custard

Schroders has appointed Curt Custard as head of multi-asset solutions.
Custard, who joins from Allianz Dresdner Asset Management, will take responsibility for strategic asset allocation for clients.
He says: “This role provides an exciting opportunity to develop a full range of client focused multi-asset solutions using the extensive range of research and fund management resources at Schroders.”


&#39Switch to DC is set to rebound on employers&#39

Employers will suffer a fallout from the switch to defined-contribution pension schemes when today&#39s workers find out they have not saved enough to retire, says Hewitt Bacon & Woodrow. Research by the employee benefits consultancy shows only 3 per cent of employers think DC members have a good understanding of the funding levels needed to […]

West Brom shortfall deal on BTL

West Brom has added a feature to its buy-to-let products which allows surplus disposable income to be used where there are rental shortfalls. Typically the lender will only approve buy-to-let mortgages where the rental is 130 per cent of the mortgage repayment. Now landlords are being offered a mortgage which covers 100 per cent of […]

EU probes member states on viability of Sandler-style plans

The European Commission has launched a survey looking at the viability of introducing lighter-touch regul-ation along the lines of the Sandler suite of products to other member states. The Sandler review concluded in 2002 that there is a need to define a series of safer and easier to understand financial products which would be subject […]

New Northern UK head for Cavanagh

Cavanagh Group is appointing Peter Young as sales manager of the company&#39s northern region. Young – who is a past Sofa award-winning adviser – joins Cavanagh from Momentum as it is absorbed into Aegon&#39s amalgamated IFA operation Origen. Young will be responsible for the Scottish and North of England areas and is briefed to expand […]


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