UK - Lombard Odier has appointed Martin Squires as its new head of credit research. Based in London, he will be responsible for leading and developing the credit research team.
Squires joins Lombard Odier from the credit team at Schroder Investment Management. Prior to that, he was head of European corporate ratings at rating agency Duff and Phelps, and worked as a senior analyst at NatWest in its internal credit rating unit.
By Janet Du Chenne
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).