Sanlam consolidates UK businesses

Carmen Reichman
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Financial services firm Sanlam will bring its UK businesses under a single management structure from January.

The new UK business will be called Sanlam UK and will be led by chief executive Jonathan Polin (pictured), the former head of its discretionary fund manager Sanlam Private Wealth. Sanlam UK will comprise of national financial adviser Sanlam Wealth Planning; Sanlam Private Wealth; life and pensions business Sanlam Investments & Pensions; asset manager Sanlam FOUR; and provider of institutional and retail stockbroking services Sanlam Securities. Combined the business has assets under management and influence of nearly £9bn. It also has a "significant" stake in adviser platform Nucleu...

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