Babloo Ramamurthy

RPMI has announced the appointment of John Chilman - the current chairman of the Railways Pension Scheme - as its chief executive.

Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.

Scottish Widows' independent governance committee (IGC) has said it is encouraged by the provider's "progress" in delivering value for money.