PEOPLE MOVES: Vontobel, Lazard AM, Progeny

Asia | news 25 May 23

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

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