PEOPLE MOVES: Jersey Finance, T. Rowe Price, State Street
Jersey finance promotes internally to fill Corrigan’s departure, T. Rowe Prices adds to its multi-asset team, State Street expands equity index group in Asia, and former French prime minister François Fillon goes into investment management.
Up to £50bn pulled from DB schemes in pension transfers
The amount of money being withdrawn through transfers from defined benefit (DB) pension schemes in the UK has reached a record £50bn since the pension freedoms came into force, according to new figures released by professional service group Mercer.
Mercer deploys financial planning strategy in war for talent
Mercer has launched a financial planning business in collaboration with sister company Jelf Group, offering advice, health checks, and wealth management services to companies and their employees.
PEOPLE MOVES: OMGI, Deutsche Bank, Ashburton Investments…
OMGI and Deutsche Bank have announced promotions, while Ashburton Investments and Elian have made senior appointments. After departing The Investment Association, former chief executive Daniel Godfrey has joined the advisory board of a fintech startup.