Fidelity Investments in the US has appointed Abigail Johnson as president of Fidelity Management & Research Company (FMR), with effect from June 15, 2001.
Johnson succeeds Robert Pozen, who after four years as FMR president, has decided to pursue other interests at the end of the year, Until then, Pozen will continue to be vice chairman of Fidelity Investments.
Johnson will be responsible for all Fidelity portfolio managers, analysts and traders in Boston and will become a member of the company's operating committee. She will report to vice chairman and chief operating officer Robert Reynolds.
Johnson joined Fidelity in 1988, and served as an analyst and portfolio manager for nine years before being named associate director and senior vice president of the equity division.
By Janet Du Chenne
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
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Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.