Fidelity FundsNetwork expands senior management team

Source: Fidelity Investments International

Fidelity FundsNetwork, the UK's leading investment platform with assets of more than £7 billion, today announces it has bolstered the senior management team with the appointment of two well-known executives.

Simon Burgess, formerly group sales director at Skandia, is to join FundsNetwork as Head of Sales. He will be responsible for developing distribution for the platform across the UK, and driving sales of the full range of the platform’s products and services.

Stuart Meiklejohn, who until recently was leading Prudential's development of a wrap service, will take up the role of Head of Proposition Development in May. He will lead FundsNetwork's development of new products and services.

In addition Rob Fisher, Director, has been appointed to the newly created role of Head of Marketing and Propositions for the platform.

David Dalton-Brown, Executive Director and Head of FundsNetwork, said the new appointments sent a strong signal of the platform's commitment to the market. "Only by recruiting and developing the most talented people in the industry can we continue to develop top-quality products and services for advisers and their clients."

David Dalton-Brown added: "As the UK's leading platform it is crucial that we have the industry’s best people working with us. The addition of Simon Burgess and Stuart Meiklejohn is a clear signal of just how committed FundsNetwork is to maintaining its leadership position."

In 2005, FundsNetwork successfully launched an onshore Investment Bond, a SIPP and next generation planning tool – Portfolio Planner. Building on this successful launch, further enhancements to FundsNetwork are scheduled for 2006 which will bring FundsNetwork a step close to offering a "real-world" wrap service.

Fidelity International Limited (FIL) and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US. The FIL Organisation manages a total of £144 billion of assets.

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