PFA, Newton Investment Management, The Pensions Trust
PFA – Peter Hermann has been appointed by Danish pension fund PFA as director in a newly created role. He will be responsible for the area of health and prevention, as well as heading up the company’s actuarial department. The current head of the PFA actuarial department, Niels Erik Eberhard, will be leaving his position. Hermann will take up the new role on 1 May. He comes to PFA from Nordea Life & Pension, where he was a director, but before that, until 2011, he was working at PFA.
Newton Investment Management – Following a strategic review, Newton has decided that lead management roles on its active equity and equity income pooled vehicles would be “most effective if kept distinct”. As a consequence, Christopher Metcalfe has been appointed as the new lead manager on the Newton Higher Income Fund, replacing Richard Wilmot, who will continue to lead on the Newton UK Equity Fund.
The Pensions Trust – Stephen Nichols has resigned as chief executive, a position he has held since 2007. He first joined The Pensions Trust in 2002. The Trust will appoint an interim chief executive, until a new chief executive can be put in place.