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Latest press releases

23/02

Staff from Old Mutual International have donated over £26,000 to two Isle of Man charities. Thanks to a year of fundraising by staff, Friends of the Hyperbaric Chamber and A Little Piece of Hope were each presented with a cheque for £13,707.

20/02

Rachael Griffin, tax and financial planning expert for Old Mutual Wealth: “The government undoubtedly faces a consumer and trade union backlash against these proposals, despite the fact they appear to be a long way away from reaching a conclusion. 

16/02

A new pension planning calculator will launch ahead of tax year end to help advisers deal with complex changes to the annual allowance. 

16/02

Old Mutual Wealth feels strongly that the reduction in the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 should not be implemented as it is the antithesis of pension freedoms and it should be dropped.

15/02

Old Mutual Wealth announces the appointment of Rosie Harris, George Reid and Tim Tookey as independent Non-Executive Directors of the Old Mutual Wealth Board.  Rosie will become Chair of the Board’s Risk Committee in April 2017, George will join the Audit and Risk Committees and Tim will be Chair of the Board’s Audit Committee, both gentlemen joined the Board in February 2017. These appointments follow those of Moira Kilcoyne and Cathy Turner, who joined the Board in December 2016.

13/02

If you’re covering the Resolution Foundation report for the Intergenerational Commission released today, please see the below from Jon Greer, Pensions Expert at Old Mutual Wealth:

10/02

Old Mutual Wealth is calling for Chancellor Philip Hammond to reverse the proposed reduction in money purchase annual allowance (MPAA) in the Spring Budget Freedom of Information (FOI) request reveals Government assumptions on those affected by the reduction in MPAA is not based on hard evidence. The rule change is inconsistent with other Government objectives.

08/02

If you are covering today’s  Supreme Court judgement on the application by Denise Brewster for Judicial Review, please see the below commentary from Old Mutual Wealth pension expert, Jon Greer.

03/02

HM Treasury has announced plans to triple the amount it will allow people to take from their pension before retirement to pay for advice, from £500 to £1,500. Richard Freeman, chief distribution officer at Old Mutual Wealth comments.

02/02

The Financial Adviser School (FAS) today announces it has secured recognition as a Trusted Partner with The London Institute of Banking and Finance (formerly ifs University College).

02/02

Old Mutual International, part of Old Mutual Wealth, today announces that Ian Kloss will become the new CEO for Old Mutual International in Singapore. 

01/02

Following the Department for Work and Pension’s announcement of a new strategy to encourage and allow people to work longer and the publishing of the white paper on Brexit, Jon Greer, retirement expert at Old Mutual Wealth comments on the UK’s ageing population.

31/01

As tax year end approaches, people will be rushing to ensure they maximise their annual allowances and have their finances in good shape. This deadline applies equally to foreign expats (often referred to as non-UK domiciles) living in the UK as it does to those who were born in the UK. In fact, this year, foreign expats may have even more considerations due to new regulations coming into force from 6 April 2017. 

26/01

Following the release of ONS Monthly economic commentary: Jan 2017 showing increasing inflation alongside moderate wage growth, Rachael Griffin, financial planning expert at Old Mutual Wealth,comments on why this may place greater pressure on the state pension triple lock. 

25/01

Following figures released by the HMRC today on the number of people taking pensions flexibly, please find a comment from Jon Greer, pensions expert at Old Mutual Wealth: 

25/01

Quilter Cheviot, part of Old Mutual Wealth, announces that David Loudon, Chief Executive Officer, has decided to retire from his role with effect from 30 June 2017.  From that date, David will act as an adviser to the business.

23/01

Old Mutual International, part of Old Mutual Wealth, a leading wealth management business in the UK and internationally, is delighted to announce, in partnership with the UK charity MyBnk and the Isle of Man Department of Education and Children, the launch of ‘Money Skills for Schools’ Week, taking place from the 6th February 2017.

14/01

Founder of Skandia in the UK, Paul Bradshaw, has passed away following a cardiac arrest.

13/01

Old Mutual Wealth announces that Lord Leitch (‘Sandy’, pictured below),  has decided to step down from his positions as Non-Executive Director of the Old Mutual Wealth Board and also as Chairman of the Intrinsic Financial Services (‘Intrinsic’) Board at the end of March 2017.   Sandy will remain as an adviser to the Intrinsic Board until June 2017.

12/01

Old Mutual Wealth announces the appointment of Moira Kilcoyne and Cathy Turner as independent Non-Executive Directors of the Old Mutual Wealth Board.  

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