Aegon Asset Management has appointed Wendy Hay as its new chief investment officer, replacing Tom Crombie who retired at the end of last year.
Hay, formerly head of global equities at Standard Life Investments, will take up her new position in the third quarter.
Currently, Aegon's managing director, Russell Hogan, is the acting chief investment officer.
By Geoffrey Ho
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.