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Standard Life strengthens executive team

Standard Life has appointed two new members to its executive team.

Christian Torkington joins Standard Life from RSA Insurance to take up the role of group information and operations director and Sandy Begbie joins the firm as group transformation director from Aegon.

Torkington will focus on developing and implementing Standard’s  technology strategy, while Begbie will assist chief executive David Nish in leading and delivering the group’s transformation plan.

Standard Life Europe chief executive Nathan Parnaby will also assume executive responsibility for the group’s Asian businesses.

Keith Skeoch and Joseph Iannicelli will continue in their roles as chief executives of Standard Life Investments and Standard Life Canada respectively and Jackie Hunt will continue in her role as interim chief finance officer. 

Mike Conway remains group human resources director and Simon Gulliford continues as group marketing director.

Nish says: “I’m delighted to be able to announce such a strong management team, who will together drive the transformation of Standard Life. 

“Our priority is to develop a growth strategy that will allow us to accelerate the performance of Standard Life and today’s announcement marks the first step in our journey.”


Home rule

Samantha Downes looks at Chancellor Alastair Darling’s moves to cut public spending by £5bn and keep more elderly and disabled people in their homes

Securities certificate available to schools

The Chartered Institute for Securities & Investment’s certificate will be available to students at secondary schools and colleges from September. The qualification, an introduction to securities and investment, has two units covering bonds, derivatives and financial services regulation and a research-based project com- ponent. The certificate has received a Ucas tariff, which allocates points to […]


A20 is told to stop business on some funds

The FSA has ordered IFA network Alpha to Omega to stop new business on certain funds, inc-luding Arch cru, as well as on structured products, pension transfers and drawdown. The FSA’s register reveals that A2O will stop, with immediate effect, all new business connected with Arch cru funds, Barclays capital jade elixir deposit account, Curzon […]


Condemned structures

It is interesting to note that as we enter a new decade one of the biggest-selling products (and the banks are the biggest purveyors) are derivative income products. You know the rubbish that everyone has been selling for 12 years that has been missold, not delivered the goods but the commission is high. I cannot […]

Europe: banking on a recovery

Neptune video: Europe — banking on a recovery

Arguing that the eurozone crisis is over, watch Rob Burnett, head of European equities at Neptune, discuss the sectors that he’s investing in to harness the recovery. 

In the video, Burnett addresses the following: 

• The primary drivers of the eurozone’s economic recovery
• The turnaround in individual countries’ current accounts
• Sectors best positioned to harness the recovery, without offering undue exposure to risk


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