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Toby Strauss, Scottish Widows

Scottish Widows appoints head of bulk annuities

Scottish Widows has appointed a managing director of bulk annuities and investment strategy as part of a management shake-up. In October Lloyds Banking Group announced Scottish Widows would enter the bulk annuity market. It has now appointed Jeff Sayers, previously insurance divisional risk officer at Lloyds, to lead the proposition. Sayers joined Lloyds in 2013 […]

RWC poaches staff from Everest for new emerging markets team

UK investment firm RWC Partners has hired 15 staff from Miami-based hedge fund Everest Capital for its new emerging, frontier and Asia equity business. John Malloy and James Johnstone, who left Everest in March to be emerging markets managers at RWC, will jointly lead the new team. Most of the team will be based in the firm’s […]

Labour won’t pursue heavy-handed regulation

A Labour government would avoid heavy-handed regulation, according to shadow chancellor Ed Balls, despite plans for a bank bonus tax and to raise the top rate of income tax. Speaking to the Financial Times, Balls said that Labour would seek to institute a 50p income tax rate throughout the next parliament, but would also seek […]

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