UK - Volex Group Pension Funds has appointed Clerical Medical as its AVC provider.
Clerical Medical was chosen from a shortlist comprising four or five firms and replaces previous incumbent Equitable Life.
Consultants William M Mercer advised on the move.
By Luke Clancy
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.