XPS Pensions Group has appointed Dave Barratt as a senior consultant in its risk settlement team.

Barratt joins XPS from Aon and has more than 15 years’ specialist experience, having advised on buy-in and buyout projects for schemes of all sizes. In his new role, Barratt will continue to focus on leading on buy-in and buyout transactions as well as helping clients with strategic end-game journey planning. The appointment was welcomed by XPS head of risk settlement, Steven Purves, who commented: “We are thrilled that Dave is joining XPS, and he will be an ideal addition to our growing team. He has impressive experience on both buy-in transactions and managing schemes through to full buyout which will help us meet increasing demand from clients in this area.”

Legal & General (L&G) Retail has named Mark Jones as product and propositions director for its annuities offering.

Jones initially joined L&G Retail in April 2018 as a product director, having previously held the role of product director at SunLife and head of protection at LV. His appointment was highlighted by L&G Retail as demonstration of its commitment to growing its annuity product proposition, after recent research from L&G found that nearly one million people are now considering annuities for the first time to guarantee a set income, avoid market volatility and make the most of higher rates.

M&G Asset Management has appointed Joseph Pinto as chief executive officer.

With 30 years of experience in asset management, financial services, and consulting, Pinto joins from Natixis Investment Managers where he served as a head of distribution and investment solutions for EMEA, APAC, and LATAM and global chief operating officer. He is expected to join M&G in March, succeeding Johnathan Daniels, who announced his intention to retire in July 2022. Pinto will also become a member of M&G’s executive committee, reporting to chief executive, Andrea Rossi, although his appointment is subject to regulatory approval.

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