PEOPLE MOVES: Vontobel, Lazard AM, Progeny
CEO to leave financial services giant, while chief executive of Middle East steps down from asset manager
CEO to leave financial services giant, while chief executive of Middle East steps down from asset manager
It confirms inducement ban will be for ‘execution-only’ sales
But FSCS says it continues to see increasingly complex firm failures within the Sipp and DB pension advice areas
Advisers say they need more help from providers on this issue
Company has hired two ex-Killik & Co investment managers to run the operation
They are ‘not immune to the financial anxieties sweeping through the rest of the population’
Many buyers have ‘healthy cash reserves’
Maximising returns now prioritised over choosing sustainable funds
Technology is the ‘make-or-break’ factor for companies in the industry
Liquidator of the pension fund plans to continue efforts to ‘maximise recovery’
Lifeboat scheme also announced two companies have failed
Victims were promised returns in regions of 9-12%