UK - The Pensions Trust has hired David Palmer as strategic investment officer to work closely with the investment committee in developing the Trust's investment strategy.
Based in London, Palmer will be responsible for investment reporting and monitoring managers’ compliance with their written agreements, especially in the risk area.
Prior to joining the Trust, Palmer worked for Mellon Human Resources and Investor Solutions as an investment consultant and had also worked for Hewitt Bacon and Woodrow.
He is an Associate of the Pensions Management Institute.
Commenting on the appointment, the Trust’s chief executive Richard Stroud said: “David has a broad based background in pensions. As well as investment consulting, he has hands on experience of pensions administration.
“This combination gives him a valuable insight into the issues faced by our Board members who are, ultimately, responsible for running our pension schemes.”
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).