Investec’s top management is undergoing a generational changing of the guard, Ascot Lloyd has secured an industry heavyweight for its investment committee and medical insurance provider Expacare is bolstering its distribution and marketing.
Jersey finance promotes internally to fill Corrigan’s departure, T. Rowe Prices adds to its multi-asset team, State Street expands equity index group in Asia, and former French prime minister François Fillon goes into investment management.
The amount of money being withdrawn through transfers from defined benefit (DB) pension schemes in the UK has reached a record £50bn since the pension freedoms came into force, according to new figures released by professional service group Mercer.
Mercer has launched a financial planning business in collaboration with sister company Jelf Group, offering advice, health checks, and wealth management services to companies and their employees.
Axa Group has announced a high-profile return and a senior appointment. A new role of managing director UK has been created at Investec Wealth & Investment, while significant departures have been announced by Miton and Argonaut.
OMGI and Deutsche Bank have announced promotions, while Ashburton Investments and Elian have made senior appointments. After departing The Investment Association, former chief executive Daniel Godfrey has joined the advisory board of a fintech startup.
Only the Danish and Dutch pension systems achieved “A” grades, indicating first class and robust schemes that deliver good, sustainable benefits with a high level of integrity, according to global consulting firm Mercer.
The Singapore-based arm of Mercer has been fined by the Monetary Authority of Singapore for allowing unlicensed representatives to arrange contracts for life insurance policies.
Global consultancy firm, Mercer, has seen a 60% increase in the number of people wanting to know the value of their defined benefits (DB) pension scheme, driven by the introduction of the UK pension reforms on 6 April.
Investors around the world are paying increasing attention to environmental, social and governmental (ESG) factors as a way of delivering good returns within alternative investments, according to new research.
Mercer Investments has appointed Adeline Tan as head of investment advisory in Hong Kong.
Mercer, which is in the process of expanding its wealth management services globally, has appointed Steven Seow as head of wealth management in Asia.
