UK - Fidelity International has again expanded its multi-manager team with the appointment of Phil Morse to the newly-created role of business development director.
Morse joined Fidelity on the back of the firm's strategy to increase its multi-manager fund offering in the UK, which saw it launch the MultiManager Equity Income and MultiManager Special Situations funds.
Morse was previously with Gartmore, where he worked as a multi-manager product specialist.
He is the latest appointment to the Fidelity team after Simon Ellis, head of multi-manager, joined just over three months ago from Axa Investment Managers.
By Damian Clarkson
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.