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Old Mutual Wealth including Intrinsic, the UK’s largest financial advice network, is today responding to the government’s ‘Call for Input’ to the Financial Advice Market Review.
Old Mutual International, part of Old Mutual Wealth, has created a new head of distribution development role to focus on supporting, evolving and strengthening the international adviser market through regulatory and business transformation.
The financial demands of Christmas do not appear to have sparked additional mass pension withdrawals, according to a recent survey undertaken by YouGov on behalf of leading wealth manager, Old Mutual Wealth.
The Government has announced plans for a secondary annuity market, allowing more than five million people to exchange their regular retirement income for a lump sum:
News story: Millions given freedom over their pension as government outlines new secondary annuity market
Below is a comment from Adrian Walker, retirement planning manager at Old Mutual Wealth:
Old Mutual Wealth announces today that Andy Thompson has been appointed CEO of Intrinsic Financial Services, subject to regulatory approvals being received. Andy will continue to report to Richard Freeman who is stepping up to become chief distribution officer at Old Mutual Wealth.
Old Mutual Wealth is further strengthening its adviser facing support through the appointment of Martin Clubbs as pensions specialist. Martin will be responsible for development and growth of Old Mutual Wealth’s platform business, with particular focus on the individual pensions market.
Old Mutual Wealth is delighted to announce that it has signed an agreement to become a Principal Partner of England Rugby from 2016.