UK/EUROPE - Russell/Mellon CAPS has hired Richard Jobling to the newly-created post of head of sales, marketing and relationship management for UK and Europe.
He has already spent six months working as a strategic consultant to the firm.
Commenting on the appointment, Fred Settelmeyer, Russell/Mellon CAPS chief executive officer, said: “[Jobling’s] time spent working with us gives him a valuable perspective on our organisation.”
Jobling is known in the industry through his work at Euraplan, the software and services provider. Over a period of six years he helped to develop the firm’s business, first as a sales and marketing director, and then as chief executive officer.
Formed in 2001 with the merger of Russell/Mellon Analytical Services and performance measurement company CAPS, the combined firm now has over 2,300 asset managers, 50 consultants and over 1,200 pension fund clients in Europe.
By Madhu Kalia
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.
UK inflation fell from 2.3% to 2.1% in December, approaching its lowest rate for two years, according to the Office for National Statistics (ONS).