Old Mutual Wealth chief executive Paul Feeney has told analysts that platforms must seek to integrate with other businesses if they are to survive in the coming years.
Old Mutual Wealth chief executive Paul Feeney has contacted clients to defend a decision to shut the Skandia Invesco Perpetual income funds, pointing to "truly exceptional circumstances" following Neil Woodford's departure.
Paul Feeney, the chief executive of Skandia's parent company Old Mutual Wealth, has vowed to tackle a series of administration problems impacting users since the start of the year.
Gartmore has managed to persuade Tim Callaghan to stay with the firm, but Adrian Darley and Jon Fearon are off to Resolution Asset Management.
Gartmore is placing its future firmly on the retail investment market and take to the road very soon to tell IFAs about its fresh focus, says one of its new owner executives.