UK - Pioneer Investments has appointed Roger Price-Haworth to the newly created role of head of institutional & wholesale business UK.
He joins from Insight Investment, where he was head of UK institutional business development and global consultants for the past six years.
Paul Price, global head of institutional at Pioneer, said: "Âï¿½The UK is a strategically important market for us but as a crowded space we have to have on board top quality people in order to compete and gain market share. [Price-Hayworth] brings great experience and credibility and will assume the leadership of a talented team and I know under his guidance the UK business can go from strength to strength.Âï¿½"
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.