Terry McCaughey, chief operating officer at Deutsche Bank Global Securities Services (DBGSS) has left his position as a result of internal restructuring.
It is understood that McCaughey’s departure from the firm on May 31 has resulted in his responsibilities being taken up by other managers at DBGSS.
The internal overhaul is part of Deutsche Bank’s corporate restructuring across all services announced earlier this year.
By Madhu Kalia
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers