UK - Old Mutual Asset Managers (OMAM) has appointed Barry Russell to the new role of head of client servicing in a bid to increase its institutional business.
He reports to Barry Russell, director of marketing and client servicing
Morrison was previously a client director at Hill Samuel Asset Management, with responsibility for reporting to the trustees of segregated pension fund clients. When parent Lloyds TSB took over Scottish Widows and merged the asset management businesses he continued as a client director in the newly formed Scottish Widows Investment Partnership.
By Madhu Kalia
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.