SCOTLAND/US - Scottish Widows Investment Partnership (SWIP) has appointed Phil Chappell as investment director for US markets from October.
He will report to Graham Wood, investment director, head of global sectors and international research, and will have a joint stock analyst/fund manager role.
Chappell joins SWIP from Schroder Investment Management where he held a similar position until May 2002.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.