NETHERLANDS - F&C Netherlands institutional business director Ronald Waals is to join Rotterdam-based Robeco Asset Management to strengthen its sales team.
Waals is currently responsible for the Dutch Institutional clients and shared responsibility for several mergers between Achmea Asset Management, PVF and the current F&C.
Waals will join Robeco on 1 March, 2007.
Robeco institutional sales head Reinoud van den Broek said Waals' appointment would help the firm boost its presence in the institutional market space.
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.