UK – Paul Black, head of investment consulting at Mellon Human Resources & Investment Solutions, is to join Lane Clark & Peacock.

“He’s joining as a partner in the investment consulting practice on July 1,” said a spokeswoman for LCP.

A Mellon spokesman said Black had been with the firm for six years.

He added: “We are close to announcing Paul's replacement, we are also recruiting to fill an investment consultant vacancy within the team.” The team is 18 strong.

In September last year there was a move the other way between the two outfits when LCP partner Ian Ellis joined HR&IS as principal and senior consulting actuary.