Michael Porter has been appointed as the leader of Aon's defined contribution (DC) proposition development.

Porter has over 18 years' experience in the UK pensions industry, including senior roles at Legal & General, Mercer, and BlackRock. In his new role, he will be responsible for further developing the Aon DC solutions proposition, which includes the Aon Master Trust and Group Personal Pension, with a particular focus on technology and the member experience. Aon EMEA head of DC solutions, Tony Pugh, commented: "Porter has extensive experience, including digital development, where he has consistently delivered innovation to enhance the pension proposition for members and clients. His appointment reflects Aon's continued investment in its DC solutions, ensuring we remain competitive in leveraging digital capabilities to improve member engagement, retirement outcomes, the client experience and operational efficiency."

Border to Coast Pensions Partnership (Border to Coast) has announced John Lister will become its new chair, replacing Chris Hitchen.

Approved unanimously at Border to Coast's AGM, the appointment was announced alongside the publication of the pool's annual report and accounts. Lister will bring a wealth of experience and a strong track record of leadership, with nearly a decade of experience as a non-executive director across many large financial services firms. Most notably, he spent four years as Phoenix Group Life Companies' chair and five years prior to this as a non-executive director. He has strong leadership experience across the financial services sector, both as an executive, having spent over 30 years with Aviva Group, including roles such as Aviva plc's chief risk officer and Aviva UK Life's chief financial officer. Taking over on 1 October, Porter will lead the board through the pool's next strategic phase, building on existing strong relationships with partner funds and acting as an ambassador to a range of stakeholders.

Franklin Templeton has hired Rich Nuzum as an outsourced chief investment officer (OCIO).

Beginning the role on 28 July, Nuzum will be based in New York and report directly to Franklin Templeton Investment Solutions (FTIS) head, Adam Petryk. Nuzum will lead the development and expansion of the OCIO business at FTIS, building on the firm's successful solutions business growth over the past several years. He joins Franklin Templeton from Mercer, where he spent more than three decades providing investment consulting advice to institutional investors. Franklin Templeton president and CEO, Jenny Johnson, said: "We are excited to welcome Rich to Franklin Templeton. The OCIO business is a key strategic priority for asset owners, who seek streamlined operations, top-tier investment expertise, and cost efficiency. Rich's extensive global, solutions-oriented experience will be instrumental in advancing our OCIO offering. His leadership will help us deliver integrated, personalised advice that goes beyond individual products."

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