Sign up for free newsletter



Old Mutual Wealth completes acquisition of Intrinsic

Old Mutual Wealth, comprising Skandia and Old Mutual Global Investors, has completed its acquisition of adviser network Intrinsic.

The Skandia platform and protection products, as well as a range of Old Mutual Global Investors’ funds will soon be available via Intrinsic’s selected panels.
Richard Freeman, chief executive of Intrinsic, joins the Old Mutual Wealth executive committee with immediate effect and Lord Sandy Leitch, non-executive chairman of Intrinsic, will be appointed to the board of Old Mutual Wealth Management as non-executive director.
Lord Leitch is chairman of Bupa and has been CEO of Zurich UKISA, chairman of Scottish Widows, deputy chairman of Lloyds Banking Group plc and chairman of Threadneedle Asset Management. He was also chair of the Association of British Insurers.
Three members of Old Mutual Wealth’s Executive Committee have been appointed to the Intrinsic board as directors: Jeremy Charles, chief operating officer; Steven Levin, global head of distribution; and Kevin Lee-Crossett, chief risk officer.
Paul Feeney, chief executive of Old Mutual Wealth, says: “The acquisition of Intrinsic is an important part of our integrated customer proposition that now covers financial advice, actively managed portfolios and wealth management products.  We believe wealth management needs to be more accessible to customers and having 3,000 financial advisers as part of our business will help us deliver that.”

Subscribe to free daily newsletter
MediaWatch WA awards 2015

See interviews and presentation at the Wealth Adviser 2015 awards ceremony, held at Sketch, Mayfair on the 15th May .... »

Analyst/Associate Healthcare Investment Banking

Mon, 31 Aug 2015 00:00:00 GMT

Ph. D / Quantitative Researcher - NYC

Mon, 31 Aug 2015 00:00:00 GMT

Investment Banking Restructuring Analyst/Associate

Mon, 31 Aug 2015 00:00:00 GMT

1 week 11 hours from now - New York
1 week 1 day from now - New York
1 week 6 days from now - London
2 weeks 11 hours from now - California