UK - Richard Wilson has been appointed as head of equities at F&C Asset Management.
Wilson joined F&C in September 2004 as head of pan European equities and is a member of the management committee. He will continue report to Fernando Ribeiro, head of investments. Before joining Deutsche he worked at HSBC Asset Management for five years as a UK fund manager. F&C has also announced the appointment of Paul Grice as head of UK and international government bonds. Grice joined F&C from Baring Asset Management, where he was director of fixed income and currencies.
By Damian Clarkson
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.