SWITZERLAND - Henderson Global Investors has opened a Swiss office, based in Zurich, to be headed by Markus Puck and Daniel Wüschner, recently recruited from Bank Sarasin & Cie in Basle.
Puck will be country head and Wüschner will be manager, marketing and sales.
Marc Cochrane, director of European operations, said: “This new development reinforces our solid and expanding European presence ensuring the accessibility of our award-winning range of Horizon funds, our fast expanding range of hedge funds, as well as our market-leading institutional and property capability.”
The firm already has offices in Amsterdam, Frankfurt, Milan and Paris.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
Ann Harris OBE and Mike Dailly have been appointed non-executive directors at the upcoming single financial guidance body (SFGB).