Old Mutual Wealth

OMGI combines teams with Quilter Cheviot

Dale to join in November

Changes made at annual meeting

Old Mutual Wealth has reported a 26% jump in profits and 92% higher net client cash flows in the first half of the year, largely driven by investors taking advantage of the group's drawdown facility following the pension reforms.

Old Mutual Wealth is to launch a flexi-access drawdown facility on its Collective Retirement Account ahead of pensions freedom on 6 April.