NETHERLANDS - Herman Bril is to take over as group treasurer at Aegon as of 1 March, 2007, filling a position that had been empty since Bas Snijders' departure almost two years ago.
He joins Aegon from Achmea Pensions, where he worked most recently as director of asset management. That position will be filled by Otto Veldt who became director of Financial Pension Management in August 2006.
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.