The group is committed to expanding its ‘Financial Wellness’ and outcome-oriented investment propositions to the UK retail market and believes Mann will bring a “significant contribution” to the business.
Mann is also an NED to financial technology firm Bravura, serves as an adviser to Platforum, and is non-executive chairman of Harwood Capital.
Speaking to Portfolio Adviser, Mann says he is looking forward to bringing the concept of financial wellness to investors through the relationships Momentum UK has with its advisers.
He says: “Through advisers, we will be providing consumers with tools, education and solutions to allow them to map and then achieve their financial goals with the objective becoming ‘financially well’.”
Mann’s 30-year career has seen him work with Scottish Amicable before joining Bankhall as development director and latterly chief executive before moving to Skandia UK – where he was named chief executive in 2009.
He was subsequently vice chairman at Old Mutual Wealth Management Group.
Ferdinand Van Heerden, chief executive officer of South Africa-based Momentum, says: “Peter will undoubtedly bring a significant contribution to our UK business.
“His track record speaks for itself and his unique understanding of the UK wealth management market will bring much value to what is already a dynamic UK team.”
Momentum’s vision and core focus is to help consumers improve their ‘financial wellness’, through outcome-based investment solutions in collaboration with UK advisers.
The group says Mann’s “experience in the wealth management industry and his ability to connect with the broader financial adviser community will help bring Momentum’s solutions to life in the UK retail space”.
