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Wealth/Asset Manager Changes Name

Stephen Harris

5 July 2006

Sanlam Financial Services, the South African holding company that owns Punter Southall & Co, Punter Southall Financial Management, PSolve Asset Solutions, PSolve Alternative Investments, PSigma Investment Management and PS Independent Trustees, is to become known as Punter Southall Group. The group also owns a minority of London-based stockbroker Hichens Harrison which will continue trading under its own name. The group has over 500 staff in the UK in eight regional offices and provides actuarial, pension and employee benefit consulting services as well as financial advice and asset management for individuals, companies and charities.