Old Mutual
People Moves | 5 Jun 18
PEOPLE MOVES: Indosuez, Old Mutual, Vanguard
Indosuez appoints from within for chief executive, Old Mutual recruits from Aviva and Vanguard changes Australian leadership.
Two industry heavyweights make major announcements
Standard Life Aberdeen is planning to return £1.75bn (€1.99bn, $2.33bn) in capital to its shareholders after selling its UK and European insurance business, while Old Mutual looks to offer up to 9.6% of shares in Quilter as part of its managed separation.
Honeymoon over for robo advice
The UK’s Financial Conduct Authority (FCA) has made it clear it will hold robo advice firms to the same high standards as human advisers, with experts saying the honeymoon is now over for those trying to curb the rules.
Old Mutual boosts adviser support team
Old Mutual Wealth has hired a pension specialist and an offshore tax expert to strengthen its services for international advisers.
Retirement | 21 May 18
Old Mutual sees 25% growth in DB pension transfers by 2028
Old Mutual Wealth is predicting defined benefit pension transfers will accelerate, with an estimated 25 to 30% of those eligible switching out of their schemes in the next 10 years.