View more on these topics

SEI wins MAN mandate

SEI Investments will manage the pension fund of MAN B&W Diesel, an account potentially worth £50m.

SEI will have overall discretion for the fund, carrying out asset allocation within guidelines set by Deloitte and Touche, for the MAN B&W Diesel defined benefit pension scheme.

SEI institutional business development head, UK Patrick Disney says: “We are delighted to announce this third mandate. We believe these schemes decided to outsource the investment management of their pension funds to us because our manager-of managers process will provide them with the best solution to meet their goal.”


Northern Rock joins mortgage cut wave

Northern Rock is cutting its standard variable rate by 0.25 per cent to 7.25 per cent in response to the Bank of England&#39s 0.25 per cent cut yesterday. The cut takes effect from May 1 for existing borrowers. Nationwide, Halifax and HSBC also announced they will pass on the full 0.25 per cent cut to […]

Will it be a soft landing for stakeholder?

Around 40 pension providers will be on the starting line in the stakeholder race following acceptance of their entries by Opra. The amended stakeholder regulations came from the Government at the very last moment but held little to delay preparations for the launch. There is little margin for error in the regime imposed on providers […]

Rathbonee rallies around global stocks

Rathbone Unit Trust Management has introduced the Rathbone Global Companies Fund.This unit trust aims to provide investors with capital growth over the long term by investing in around 50 stocks. The fund will invest mainly in Europe and the UK, although the US will also make up a quarter of the portfolio.The fund will focus […]

Out with the old, in with the new style

A look at the history of commission shows that every 12 years there is a fundamental change to the basis for calculating the amount payable. In 1976, the change was from the sum assured basis to the premium basis known as the LOA (Life Offices Association) basis. In 1988, to comply with the Financial Services […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm