NORWAY - Merrill Lynch Investment Managers (MLIM) has appointed Peter Nielson to its Nordic Institutional Sales team.
Based in London, Nielson will work alongside Anthony Biddulph, and will manage both existing and new institutional clients in the Nordic region, with an emphasis on Denmark.
Prior to joining MLIM Nielson was a mergers and acquisitions specialist at law firm Bech-Bruun in Copenhagen.
Peter Leane, head of Nordic business at MLIM said: “I am delighted Peter is joining the team. His experience and expert knowledge of the Danish market is first rate and his appointment will strengthen our business in the region.”
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.