Redington has appointed Philip Rose as chief investment officer for strategy and risk and announced two further senior promotions.
The firm said the promotions of Dan Mikulskis and Steven Yang Yu to co-heads of asset and liability modelling (ALM), alongside Rose's promotion to the newly created CIO role, are designed to "add structure...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.