View more on these topics

Tisa hires ex-Intrinsic boss as non-exec


Tisa has appointed Old Mutual Wealth chief distribution officer Richard Freeman as a non-executive director.

Freeman took up his role at Old Mutual Wealth on 1 January following the acquisition of advice network Intrinisic, where he was chief executive.

Tisa chairman Tony Solway says: “It’s important we have access to distribution and advice know-how on the board of Tisa and I am delighted that Richard Freeman is joining us with his acknowledged expertise in this area of financial services.”

Last month Tisa appointed Nationwide financial planning, protection and investments divisional director Larry Banda as a non-executive director.

Freeman joins BlackRock head of UK retail Tony Stenning and Zurich UK Life head of retail David White as non-executive director, among others.

Lord Howard Flight is also an adviser to the board.


Old Mutual Wealth 2014

Private equity bidders circle Old Mutual Wealth

A number of America’s biggest private equity firms are preparing bids for Old Mutual Wealth, the Sunday Times reports. The wealth division is said to be the most attractive to buyout funds following the announcement the Old Mutual group will be split into four businesses. Firms including Advent International, Bain Capital and Carlyle are weighing […]


Old Mutual carve-up paves way for stockmarket listing

Old Mutual may seek to float its UK business following last week’s announcement of a break-up of the firm. But experts warn that any movement will have to wait until it has handled the “mind-boggling” costs linked to its ongoing replatforming. Old Mutual announced last week it will split its business along four lines: Old Mutual Wealth, […]

CGT entrepreneurs' relief

Entrepreneurs’ relief is due, subject to meeting certain conditions, in respect of capital gains arising on ‘material disposals of business assets’. These ‘business assets’ include: Read more


News and expert analysis straight to your inbox

Sign up


    Leave a comment