MONEY MANAGEMENT

Aviva chooses new retirement business chief

Lindsey Rix will lead Aviva PLC’s savings and retirement business, effective April 1, a spokesman said.

Ms. Rix’s new job title is not yet known. She will replace Clive Bolton, managing director, who will leave Aviva after 25 years.

Ms. Rix is currently managing director of U.K. general insurance and covers the firm’s global platform business, annuities and home equity loans. The spokesman was not available to comment by press time about Ms. Rix’s replacement.