Latest Blogs
Popular News
-
Hargreaves Lansdown hits landmark 2m clients
Investment platform and SIPP provider Hargreaves Lansdown has notched up its milestone 2 millionth client and has also seen record assets under management, according to its 2025 Annual Report.
-
Failed SIPP firm clients updated ahead of legal judgment
Clients of failed SIPP provider Hartley Pensions Limited - who have had funds ring-fenced - have been given an update from joint administrators UHY Hacker Young ahead of a legal judgment expected in late October.
-
JPMorgan to replace Nutmeg with new investment platform
JPMorgan is to launch a retail wealth management and investment business with its own DIY investment platform next month.
-
5 year gap between dream retirement age and expectation
While people dream about retiring at 62 they do not expect to be able to retire until they hit 67, according to new research.
-
Sales of escalating annuities surge
Sales of escalating Guaranteed Income for Life annuities that have some inflation protection, accounted for a fifth of all sales in 2024/25 and have increased by 17% year-on-year.
Ed Carey appointed as MD of City Trustees ahead of rebrand
The firm is looking to rebrand to a "more platform-based service" and said Mr Carey's appointment was a key step towards this.
He will be involved in the rebranding of the business to become a more platform-based service for IFA connections. This is likely to take place in 2014.
He will also be tasked with the restructure and growth of the City Trustees business, further developing its intermediary proposition by widening the remit of services it offers.
Mr Carey has worked with the firm for a number of years through his role at Cofunds where he worked for over 12 years.
{desktop}{/desktop}{mobile}{/mobile}
Murray Smith, sales and marketing director, said: "Ed brings with him an expertise around platforms and he will be helping us to improve the functionality of the interaction between City Trustees and its IFA connections.
"City Trustees will look a lot more like a platform as we move forward, although it will not forget its roots as a Sipp and SSAS provider. It may in time look quite different and it will offer more sophisticated product design and implementation for intermediaries to help them put together investment propositions for clients. That is likely to include things like DFMs, structured products and property-based solutions."
• Want to receive a free weekly summary of the best news stories from our website? Just go to home page and submit your name and email address. If you are already logged in you will need to log out to see the e-newsletter sign up. You can then log in again.