Paul Feeney, chief executive of Old Mutual Wealth Management, said the firm is aiming to become the number one wealth manager in the UK, following its merger with Skandia.
He said the decision earlier this year to merge Skandia's UK and international businesses with Old Mutual would allow a greater wealth management focus. "Our vision is to be the best wealth manager in the UK and international markets, delivering efficient investment and retirement solutions that meet our customers' needs," said Feeney. "We are just a few months away from a radical change in the investment landscape, which has led us to change our business approach to become an integrated wealth management business with strong asset management at the helm. "Certain aspects of the bus...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
