US- Clifford Axelson has joined Prudential Financial as a managing director for the firm's strategic solutions group.
Prudential Financial managing director Eileen Power said: "After more than 20 years as a consultant, his first-hand experience in representing the needs of institutional investors gives him wonderful insight into the solutions they need as they navigate through current markets."
The strategic solutions group helps institutions analyze and tackle portfolio-wide risks and liabilities.
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.