Alliance Trust Savings hires adviser sales chief

Alliance Trust Savings has hired Damian Smyth as head of intermediary sales.

Mr Smyth will join the firm on December 1 from Cofunds, where he was head of the platform’s sales development team.

He is the latest departure from Cofunds since it was taken over by Legal & General earlier this year.

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Patrick Mill, managing director of Alliance Trust Savings, said: “Damian’s platform background and the fact that he has been involved in the growth of Cofunds from its beginning means that he is ideally placed to develop the intermediary channel for Alliance Trust Savings and the continued expansion that is planned.”