SCOTLAND - Glasgow-based investment house Britannic Asset Management (BAM) is still still actively recruiting two heads for its institutional and retail businesses.
The move follows the earlier resignation of Douglas Ferrans, managing director of the institutional division, and the promotion of Francis Ghiloni to sales and marketing director. Before that Ghiloni was head of sales for both the institutional and retail divisions between January 1998 – May 2000.
The initial announcement was made in May.
By Madhu Kalia
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers