Old Mutual
People Moves | 8 Mar 16
PEOPLE MOVES: FPI, Source, Old Mutual…
FPI has named a new financial director and Source has appointed a UK chief executive. In spite of break-up rumours, Old Mutual Wealth has hired a head of proposition from Sanlam. Both Vonobel and Aviva Investors announced departures.
Old Mutual considering break-up options
Speculation is growing that Old Mutual, the global financial services group, may be about to announce plans to break up its operations into four new units.
People Moves | 4 Mar 16
Source UK hires ex-OMGI head as CEO
The former chief executive of Old Mutual Global Investors, Julian Ide, has been hired as chief executive of Source UK Services, the latest in a series of management announcements this year.
FCA raises concerns over life company fee transparency
The UK’s Financial Conduct Authority has raised concerns over the transparency of exit and penalty charges found in the closed-book life insurance policies of six insurance firms, including Old Mutual and Prudential.
Old Mutual Int’l offers offshore bond for Swedish investors
Old Mutual International (OMI) has launched a new whole-of-life portfolio bond with special custodian features that have been tailored specifically for Swedish investors.