UK - Old Mutual Asset Managers (OMAM) has appointed Barry Russell to the new role of head of client servicing in a bid to increase its institutional business.
He reports to Barry Russell, director of marketing and client servicing
Morrison was previously a client director at Hill Samuel Asset Management, with responsibility for reporting to the trustees of segregated pension fund clients. When parent Lloyds TSB took over Scottish Widows and merged the asset management businesses he continued as a client director in the newly formed Scottish Widows Investment Partnership.
By Madhu Kalia
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.