UK - JPMorgan Asset Management has appointed Campbell Fleming (pictured) as head of UK business, with responsibility for life and pensions, institutional, retail and investment trusts.
Based in London, Fleming, who will report to James Broderick, head of European business, joined the JP Morgan Asset Management team in 1997 and was previously European head of technology and operations.
Broderick said: “We have an increasingly strong presence in the UK market, and we are looking forward to benefiting from the expertise and knowledge that Campbell Fleming brings to our business.”
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.