SWEDEN - Hans Lindberg has been appointed chief strategist asset allocation at AP3.
He will co-ordinate and develop the overall investment process and work with macro economic analysis. Hans Lindberg currently holds a similar role at Skandia Liv.
He was previously manager for the forecast division at the National Institute for Economic Research and assistant manager at the Central Banks economic division. and will take up his position at AP3 on August 8.
Cecilia Sved has been appointed manager for AP3s global equity group. Cecilia has been portfolio manager for the funds external mandates since autumn 2002. She previously worked as portfolio manager for European equity at Länsförsäkringar Kapitalförvaltning.
Anne Charlotte Hormard, European portfolio manager, will deal with external managers on a day to day basis.
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.