UK - Fidelity International has created a new defined contribution and Workplace Saving Business to be led by Julian Webb as part of a company restructuring exercise.
Webb - who is currently head of DC and platform sales - assumes the role of head of Fidelity's DC and workplace savings business with immediate effect, while current head of UK retail marketing David White assumes the role of head of the Fidelity FundsNetwork looking after sales, operations, marketing and technology.
The firm said the move was to increase its focus on the platform market as the workplace will be critical to the future of savings.
Webb (pictured) will relinquish his responsibilities as head of platform sales to enable him to fully focus on his new role.
White - who joined Fidelity in 2002 - has more than 15 years of experience in roles spanning marketing, sales, operations and technology.
As head of FundsNetwork, White will be responsible for continuing to develop the business through maintaining focus on proposition developments and delivering a major programme of enhancements as the platform looks to expand its support for advisers in the run up to the Retail Distribution Review and beyond.
Elsewhere, head of platform development Pete Burtonshaw will take on the delivery of a substantially increased investment programme in Fidelity's platform supporting growth across all of Fidelity's DC and Retail Businesses in the UK and the major regulatory changes over the next few years.
Fidelity International UK managing director Gary Shaughnessy said: "Workplace investing is quite simply going to change the way people save in this country. The shift towards wanting to save or buy your ISA through your employer is gathering pace and as one of the leading ISA and occupational pension providers in the UK, we want to be at the forefront of this revolution."
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