UK - Henderson Global Investors has expanded its institutional management team with the appointment of Cecilia Moynihan as director of institutional business.
Moynihan joins from PSolve, the specialist investment arm of Sanlam Financial Services, where she advised clients on their investments.
In her new role, Moynihan will manage relationships for a number of Henderson’s European institutional clients.
Commenting on the appointment, Arno Kitts, head of European institutional business, said: “Cecilia brings with her a wealth of experience covering both client relationship management and managing equities, and will make an invaluable contribution to the team.”
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.