CAPS has reinforced its commitment to the UK and European markets with the appointment of four new recruits to its sales and marketing team.
Steven Butler joins CAPS as head of European business development. He will be responsible for marketing the full range of CAPS services and products to all sectors of the European market. Butler joins CAPS from Scottish Widows, where he worked in the company’s sales development team.
David Lydiat joins CAPS as enterprise sales manager. He will be responsible for selling the newly-launched IMS Enterprise stock level performance and attribution system. Lydiat joins CAPS from Telerate Information Financial Services and Knight-Ridder Information Financial Services.
Johanna Martin joins CAPS as sales manager. She will be responsible for selling the company’s range of products and services to UK asset managers. Martin joins CAPS from Rothschild Asset Management in both Australia and New Zealand, where her roles included research, services management, client relationships and sales.
Claudia Masbaum joins CAPS as sales manager, selling the company’s AMI product to European asset managers and consultants. Masbaum joins from American Express.
By Janet Du Chenne
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
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Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).