Old Mutual Wealth's (OMW) decision to launch a national advice firm has raised the spectre that the fund giant will leverage the mass of data it holds on its investors to poach clients from other advisers.
Adviser network Intrinsic and its parent company Old Mutual Wealth (OMW) are to launch a national advice business aimed at the "underserved segments" of the market.
Old Mutual Wealth has appointed Gary Dale as head of advisory sales, poaching him from a similar role at rival Investec.
Adviser network Intrinsic plans to take on 220 new advisers from the closure of rival network Sesame.
Why Osborne's £1m IHT exemption isn't all good news
The Chancellor has told the House of Commons 60,000 savers have taken out a total of £1bn since April, when pensions freedom came into effect.
Old Mutual Wealth has hired Jane Goodland from Towers Watson to head its responsible business efforts.
Old Mutual Wealth (OMW) chief executive Paul Feeney has declared the government's unprecedented retirement reforms are a "shot of adrenaline" for the financial services industry, as the group lauded the positive impact of adviser network Intrinsic on...
The average pension pot will last for just ten years in retirement if consumers withdraw funds at the rate they see fit, research has shown.
Openwork CEO Mary-Anne McIntyre is leaving the restricted network to join Old Mutual Wealth as chief distribution officer.