Lydia Fearn was appointed head of defined contribution and financial well-being at Redington, said a spokesman for the consultant.
The position is new, and Ms. Fearn joins in November. She will join from Barclays corporate and employer solutions, where she was head of DC pension and investment consulting. A spokeswoman could not be reached for comment by press time.
Redington, in its latest annual report, said it was actively developing a DC service, building on its experience with defined benefit plans. “While Redington has become best-known for providing independent, investment advice to defined benefit pension schemes, we have recently expanded our framework-based approach to help clients in the DC, wealth management, charity and insurance sectors,” said Robert Gardner, co-CEO, in a news release.
