UK/EUROPE - Investment Manager Selection (IMS) has appointed David Furlong as its sales and client servicing director.
Furlong was previously responsible for leading Standard & Poor’s Fund Research into Continental Europe.
Commenting on the appointment, IMS said: Three new [undisclosed] European accounts and the enquiries we are receiving from several major institutions in Europe give us confidence that Europe will be an important part of our future growth.
IMS is a multi-manager specialist company headed by Richard Timberlake, Nigel Slade and Peter O’Connor, and has an 8-strong team. Its advises on over £1.4bn of assets on behalf of life companies, banks, wealth management companies, asset management groups as well as family investment offices.
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.