UK - Multi-manager Investment Solutions Limited, part of the Alexander Forbes Group, has announced plans to launch into the investment fund market in the second quarter of 2005.
As part of the move, the firm has appointed Ian Annand (pictured) head of investment product development, giving him responsibility for driving growth into the market through the development of innovative products and strategic partnerships.
Annand joins from Close Finsbury Asset Management, where he was head of investment marketing and product development. He was formerly head of product development at Abbey’s multi-manager proposition.
Commenting on the appointment, Justin Taurog, head of global business development, said: “Ian brings a wealth of experience in the investment fund market and has a strong track record in managing new product developments. His insight will enable us to establish a strong position in a new and competitive market for the company, following our successful growth in the pensions market.”
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.