US - Schroder Investment Management has appointed Mark Hemenetz as chief operating officer of its North American business.
Hemenetz will be based in New York and will report to North America head Peter Clark.
He joins the firm after spending over 20 years at the Bank of New York, where his last position was executive vice president and director of investment management.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.