kleinwort benson sells former close qrops business
Kleinwort Benson is to sell all of the offshore retail and pensions trust business it acquired from Close Brothers in 2011 to QROPS and QNUPS specialist, Overseas Trust and Pension.
Old Mutual
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royal skandias denton departs
David Denton, who has been head of European sales at Royal Skandia for more than 13 years, has left the company, as part of the recently-announced consolidation of the Skandia businesses into Old Mutual Wealth by Skandia parent Old Mutual Group.
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fairbairn name dropped in nedbank restructure
Fairbairn Private Bank is to become Nedbank Private Wealth as part of a corporate restructure which will see the company’s high net worth client-focused entities merged into one.
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fairbairn name may disappear as nedbank
Nedbank Group, a division of South African insurer Old Mutual, is restructuring its high net worth client proposition, with a number of its brands, including Fairbairn Private Bank, to be combined into one new entity.
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old mutual intl to replace skandia intl
The Skandia International, Royal Skandia and Skandia Life Ireland brands are to disappear completely within the next couple of years, as Skandia parent Old Mutual consolidates all its operations into a single wealth management business called Old Mutual Wealth.
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old mutual intl launches protected product
Old Mutual International has launched a structured product for use within its Guernsey-based single contribution unit-linked whole of life assurance contract, Life Account 2.
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l g intl sees offshore bond sales fall in line
New business sales at Legal & General International were down 23% in the first half of this year, against a backdrop of falling sales of investment products more generally.
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old mutual am creates new head of benelux role
Old Mutual Asset Management, the US-based asset management arm of Old Mutual, has appointed Pascal Vernaeve to the newly created role of head of Benelux sales.
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paul feeney to run old mutual wealth management
Paul Feeney is to take over as chief executive of Old Mutual Wealth Management
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omam uk and sig to combine businesses
Old Mutual Asset Managers UK and Skandia Investment Group are to be combined into a single business.
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skandia intl to launch second co branded qnups
Skandia International has teamed with fellow Old Mutual group company, Fairbairn, to offer a co-branded Guernsey-based QNUPS.
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old mutual asset management hires head
Old Mutual Asset Management, the US-based global asset management arm of Old Mutual, has appointed Olivier Lebleu as head of non-US distribution, for its international division.