AUSTRALIA - David St. John, chief investment officer at UniSuper, will step down at the end of the month.
He also helped diversify members' funds into alternatives like infrastructure, private equity and direct real estate.
UniSuper chief executive Terry McCredden said: "I understand that having built such a depth of professional talent within the Investment team, the time has come for David to apply himself to the next challenge of his career."
McCredden will serve as interim CIO until a replacement is found.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.