Franklin Templeton Investments has made David Whitehair head of defined contribution (DC) in a newly-created role, which will see him develop the firm's UK offering.
Whitehair started work on 31 July, is based in London and reports to UK country head Martyn Gilbey.
As head of DC, Whitehair works with investment teams to design funds in both the accumulation and decumulation phases, which involves close collaboration with DC trustees, investment consultants and platform.
Whitehair has over a decade of experience and joined from Fidelity International where he was senior DC business development manager.
There he was responsible for winning new business, worked with some of the largest DC schemes and managed key relationships with consultants.
UK country head Martyn Gilbey said the DC landscape continues to evolve following the introduction of auto-enrolment, pension freedoms and the ongoing shift from defined benefit (DB) to DC.
"We recognise the increasing importance of DC in the UK pension market and are committed to developing investment solutions that meet the needs of this fast growing industry. David's wealth of knowledge and industry relationships will be invaluable to us as we continue to build out our DC offering in the UK," he said.
Whitehair added: "The UK DC market is a rapidly growing and increasingly innovative part of the UK pension landscape, with significant opportunities. I look forward to working with Martyn and the team to further develop Franklin Templeton's DC business in the UK."
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