Alliance Trust Savings has appointed Tim Tookey as chairman of its board, after becoming an independent standalone business, with its own management and board.
Tookey (pictured) is currently also non-executive director of Nationwide Building Society, having joined its board in June 2015. Prior to that, he spent three years as chief financial officer at Friends...
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PARTNER INSIGHT: For many advisers, outsourcing to a multi-manager or discretionary fund manager makes sense, allowing them to focus on the adviser-client relationship
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An added tier of asset management can of course deliver additional benefits for certain investors, writes Graham Bentley - just be sure you can justify it to the regulator and, especially, the client