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Scottish Widows poaches Alix Stewart from Gartmore

Scottish Widows Investment Partnership has poached fund manager Alix Stewart from Gartmore to run its corporate bond plus portfolio. Stewart ran Gartmores corporate bond fund in which time it delivered top quartile returns and was A-rated by Standard & Poors.

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Standard Life launches ethical corporate bond fund

Standard Life has launched an ethical corporate bond fund aimed at low risk ethical investors requiring an income.The fund will be managed by Alasdair MacLean who currently manages the firm’s select income fund. It will invest in a portfolio of corporate fixed interest and other holdings screened against Standard’s ethical process as “acceptable” and “preferred”. […]

Drawdown disaster for 100,000 pensioners

Drawdown has been a disaster for more than 100,000 pensioners who will be significantly worse off than those who chose to annuities back in 1995, according to a report by Annuity Direct. The annuity specialist IFA says investors have lost out because annuity rates falling more sharply than drawdown funds have risen over the past […]

Lighthouse buys Sipp Administrator

Lighthouse Group has bought IFA and Sipp administrator Carrwood Barker Holdings in a deal worth up to 4.5m. Lighthouse is funding the acquisition of the Manchester firm, which has introducer agreements with 100 firms of chartered accountants and solicitors, with the issue of 3m worth of new shares.

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White paper — Singapore International Insights

Jelf Employee Benefits assesses key trends within the international private medical insurance provision of organisations with employees in Singapore. Benefit structure, cost management and healthcare facilities are examined and key considerations are highlighted. This edition will be of particular interest to global human resource directors and benefit managers with local and expatriate populations in Singapore.

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