UK - Invesco, part of the Amvescap Group, has hired Patricia O'Loughlin as institutional marketing director.
O’Loughlin will oversee Invesco’s relationships with public sector organisations and insurance companies.
She takes over from Jeff Attfield who retired at the end of September after 19 years at the firm.
O’Loughlin most recently served as managing director of the insurance and treasury asset management division of Newton Investment Management, now Mellon Global Investments. She has also worked as head of fixed interest at both Capital House Investment Management and Scimitar Investment Management and was a fund manager at Orion Royal Bank.
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.