US - State Street Global Advisors has announced that David Hanna, senior investment manager and co-strategy leader for its European long-short market neutral fund, has relocated from Boston and joined SSgA's London-based active equity team.
Hanna will retain his role as a senior member of the US equity team and co-manager of the US long-short market neutral strategy.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.