Feeney: Our plan to become UK's best wealth manager

Paul Feeney, chief executive of Old Mutual Wealth Management, said the firm is aiming to become the number one wealth manager in the UK, following its merger with Skandia.

He said the decision earlier this year to merge Skandia's UK and international businesses with Old Mutual would allow a greater wealth management focus. "Our vision is to be the best wealth manager in the UK and international markets, delivering efficient investment and retirement solutions that meet our customers' needs," said Feeney. "We are just a few months away from a radical change in the investment landscape, which has led us to change our business approach to become an integrated wealth management business with strong asset management at the helm. "Certain aspects of the b...