United Kingdom
People Moves | 10 Dec 15
Two moved up and one out as OMW announces people changes
Old Mutual Wealth (OMW) has announced some people changes that have seen chief distribution officer Mary-Anne McIntyre depart after only three months in the job.
United Kingdom | 10 Dec 15
Recently retired wealthier than the under-45s
Those aged between 65 and 74 own a greater proportion of the UK’s wealth than those under the age of 45, according to think tank the Resolution Foundation.
Tax & Regulation | 10 Dec 15
UK Gov’t to enforce advice requirement on annuity sales
The UK government has announced plans to make it mandatory for investors holding a sizeable annuity to seek financial advice before selling out of their scheme.
Sanlam to realign UK businesses
Financial services group Sanlam will amalgamate its UK businesses from 1 January 2016, with all of the businesses falling under the responsibility and management remit of a single corporate entity.
People Moves | 9 Dec 15
OMW expands team supporting financial advisers
Old Mutual Wealth has moved to strengthen its support for financial advisers in the UK with the appointment of Martin Clubbs as pensions specialist.