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SWIP appoints investment director

Scottish Widows Investment Partnership has appointed David Keir as investment director of UK equities. Keir will join in January from Edinburgh Fund Managers, where he was investment manager covering UK equities. He will assume responsibility for retail funds.

SWIP says his appointment completes its recruitment drive.

Head of UK equities Robert Waugh says: “We now have a full complement of investment directors in our team who are all skilled analysts as well as fund managers.”


Pensions tsar Turner says with-profits is what consumers need

Pensions tsar Adair Turner has thrown his weight behind with-profits, arguing that smoothing can give investors the long-term benefits of equity investment while limiting risk. The head of the Government&#39s compulsion commission told the National Association of Pension Funds annual conference last week that both occupational schemes and insured schemes were shifting intolerable levels of […]

Ian Muirhead: Legal aid

Identifying referrersA number of factors need to be considered when financial advisers seek to establish a relationship with a law firm. Association should be sought with law firms whose business gives rise to the need for financial advice. In England and Wales, the Law Society&#39s directory and website at show the types of business […]

Pru Intl and St James&#39 Place outsource admin to Capita

Prudential International and St James&#39s Place are outsourcing life and pension admin services to Capita. The 260 Prudential staff who run St James&#39s Place admin will transfer to Capita as part of the deal but it is unclear how many of them will keep their jobs although Prudential spokesman Darragh Leeson denies that jobs will […]

Fundsdirect secures further IT link-ups

Fundsdirect has struck deals with Synaptic and systems provider 1st Software to give direct access to the platform to more than 20,000 IFAs. Fundsdirect says the integration of its platform with 1st Software&#39s adviser office product – a client management system – will enable IFAs to link from their back office to its wrap service, […]


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