PEOPLE MOVES: Aviva, Hawksford, TPR
In a shock announcement the head of the UK’s pensions regulator resigns, Charles Stanley appoints an investment manager from Quilter Cheviot and Hawksford hires a former police officer.
In a shock announcement the head of the UK’s pensions regulator resigns, Charles Stanley appoints an investment manager from Quilter Cheviot and Hawksford hires a former police officer.
Nearly one in five UK adults has lost track of at least one pension pot, according to research by wealth management group Tilney.
Tilney appoints a former Schroders chief financial officer to its board of directors, Aviva hires a head of global financial institutions and Brewin Dolphin makes several key changes to its Cardiff team.
Aberdeen Standard Investments and Fidelity have been named and shamed as the worst performing groups in Bestinvest’s bi-annual Spot the Dog report.
Wealth manager Tilney has “eliminated the low-hanging fruit” and reduced the number of funds it holds in its portfolios from 70 to 30.
US expats will be among the worst affected after Hargreaves Lansdown suspended nearly 1,200 ETFs and investment trusts last week after they failed to produce a key information document (Kid) as required under the EU’s new Priips regulation.
Lombard Odier makes two strategic appoints to its Germany and Austria team, Tilney names a business development manager and Rathbones pulls its new equity analyst from Fidelity International.
Tilney Group appointed a new chief executive, family office Wren names a director from Sandaire and Sun Life has lost its executive chair to be Canadian ambassador to France.
A report by Bestinvest has named and shamed Aberdeen Asset Management and St James’s Place for running some of the worst-performing equity ‘dog’ funds.
Lombard Odier nabs a former Nomura heavy-hitter as investment firm Janus makes an addition to its multi-asset team. Axa IM appointed a new global head of sales while Tilney names a new regional hire.
Tilney Group ended 2016 with more than twice as many advisers and assets under management of £22.4bn ($28.9bn, €25.6bn) after acquiring wealth manager Towry and UK-based Ingenious Asset Management.
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