Standard Life wrap is adding MLC’s six UK manager of managers portfolios to its core offering. MLC’s suite of portfolios will be embedded in the wrap’s modelling tools and advisers will also have access to Pivotal Consulting.
Mortgage commentators are predicting 2008 to be a year of consolidation and it seems some players are already looking to offload certain parts of their business.
Gartmore head of distribution Paul Feeney has brought an end to months of speculation by quitting the firm.Feeney has held a number of roles during his six years at Gartmore, including heading the firm’s retail business.His position came into question after Gartmore appointed New Star’s Phil Wagstaff as global head of distribution in June.As well […]
Canada Life head of sales Andy Marks is joining Hartford Life as managing director of sales.Marks, who has over 20 years experience in the life and pension sector, will be based at The Hartford’s London office.He will be responsible for leading The Hartford’s UK sales team and driving its sales growth strategy.Chief executive Michael Kalen […]
Axa is piloting medical screening in pharmacies for its protection products with access to innovative, non-invasive techniques including needle-free skin tests, saliva tests and hair analysis.The screenings, which will be used when discretionary medicals or blood tests are needed, are designed to be more convenient than traditional nurse or GP appointments.The six-month pilot is being […]
Rob Burnett, Head of European equities at Neptune Many commentators have suggested that the UK’s exit from the European Union will trigger a domino effect, leading to its eventual break-up. Is this likely and what is the mechanism for this to happen, asks Rob Burnett, Manager of the Neptune European Opportunities Fund. Read more: https://www.realworldinvestors.com/Posts/Read/1371/Frexit_and_contagion_risk_in_Europe […]
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Phoenix is set to shed roles in a redundancy round following its decision to buy parts of Axa’s business last year. The closed-book provider snapped up Axa Wealth businesses Embassy, its off-platform investment and pension division and Sun Life, its direct protection business, in a deal signed last May, before also buying rival closed-book operation […]
Hargreaves Lansdown has removed Paul Chesson’s Invesco Perpetual Japan fund from the Wealth 150 list of recommended funds due to its volatile performance. Chesson, head of Japanese equities, has run the £318m fund since 2000 and takes a high conviction, contrarian approach to investing. Investment analyst Dominic Rowles says that while this has led to […]
Firms will not necessarily have to advise on every relevant investment product but it will be difficult to discount structured deposits