UK - The asset management arm of Lloyds TSB group, Scottish Widows Investment Partnership has appointed Peter Zuhorst as the head of Northern Europe.
Zuhorst will be based in London and will focus on creating German partnership opportunities with banks and other financial institutions.
Zuhorst comes from Dresdner Kleinwort Wasserstein where he was a director.
By Rebecca Brittain
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.
State Street Global Advisors (SSGA) has been selected as the first index manager for the Asset Management Exchange's (AMX) passive funds.