UK - Lincoln Financial Group has appointed Nick Brack to investment sales manager, London and South East, as the firm seeks to strengthen its presence in the UK market.
Brack joins Lincoln from F&C Asset Management, where he was sales director for the south-east, tasked with promoting F&C's range of retail funds to key intermediaries, IFAs, stock brokers, multi-managers, and private client investment managers within the area.
Brack brings investment management expertise to Lincoln, having previously worked at Barney Wilkins & Howard (now Ashcourt), a firm of IFAs.
At Lincoln, Brack will be responsible for developing major intermediary accounts in the London and South East region.
Andy Wills, Lincoln’s head of sales and distribution, commented: We have seen some great results from the Unit Trust business in the UK and are confident that Nick will add great value as we seek to further develop our presence in this market.
We have embarked upon an exciting growth plan for investments in the UK; Nick's is the first in a series of new appointments to our business development and sales and marketing teams and we are delighted to welcome him.
Lincoln currently manages more than £4.7bn worth of assets, with approximately 768,000 life assurance, pension, unit trust and ISA policies in force on behalf of over 515,000 customers.
Partner Insight: A fiduciary management approach gives trustees a richness of information you can't get with a standard adviser approach, especially in times of market uncertainty, explain Russell Investments' David Rae and Paul Wharton
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.