Robert Branagh is stepping down as president of the Pensions Management Institute (PMI), and is replaced by Lesley Carline who becomes its third female president.
Branagh, who took on the role in August 2017, has also served as chairman of the board and a number of committees over the last five years. PMI chief executive Gareth Tancred thanked Branagh for his...
'Not appropriate to comment'
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
Sterling has fallen on the back of inflation figures released this morning, which show the UK Consumer Price Index (CPI) remained steady at 2.4% in June.
John Wotton says the competition watchdog's package of proposals will help trustees get the best deal and be satisfied they are acting in their members' best interests