Intrinsic CEO Richard Freeman to step down

Freeman (pictured), who served in the role for five years, will hand over to current managing director Andy Thompson in the first quarter of 2017. He said he will remain within the wider OMW business following the hand-over to aid the transition process. The details of his future post in the firm are still under discussion. Intrinsic and its parent OMW announced in October they are to launch a national advice business aimed specifically at the "underserved segments" of the market. The venture, called Old Mutual Wealth Private Client and run by former Sanlam UK distribution direc...