UK - Friends Ivory & Sime has named Robert Matthews - ex-RSA Investments managing director of institutional funds - as its head of institutional business.
Matthews will replace Paul Richards, who is leaving FIS to join Goldman Sachs Asset Management as executive director UK institutional business. Richards will take up this role at the beginning of July.
The change of roles follows on from last month’s acquisition of RSA Investments by FIS.
The combined operation of both firms is now undergoing rationalisation.
Matthews confirmed that the restructuring would be complete by August, when any resulting job losses would be confirmed.
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.