UK - Fidelity Investments, part of the world's largest independent investment management organisation, has appointed Christophe Gloser as director of its institutional fund management business in France.
Gloser, who will be based in Paris, joins from Dresdner Asset Management where he was head of institutional and corporate sales since 1994. Prior to this he was a fixed income fund manager with Segespar.
In this new role Gloser will report jointly to James Stewart, MD of Fidelity’s institutional business in Europe, the Middle East and Africa and Philippe Nahum, president of Fidelity S.A.S. in Paris.
Stewart said: ‘‘We are delighted that Christophe has joined our European institutional team. France is one of our rapidly growing European markets with increasing opportunities in the institutional sector. Christophe’s experience and contacts in the French market will be invaluable to the development of our business going forward.’’
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.