Capita appoints head of investment consulting

Capita Employee Benefits has appointed Bobby Riddaway head of investment consulting.

Riddaway was previously principal in the investment team at Buck Consultants.

He has also worked at Hewitt Associates as a senior investment consultant to corporate and trustee pension schemes in the UK and the US, and spent eight years as head of investment strategy at HSBC Actuaries and Consultants.

Riddaway said: “I am joining the investment consulting business at an exciting time in its evolution. 

“The business provides a fully integrated investment consulting service, which includes a [option] tailored for smaller schemes and incorporates leading analytical techniques. 

“Schemes and trustees are coming under increasing scrutiny and this gives them access to a whole new approach to strategy setting, implementation and monitoring, which until now has been out of reach for all but the very largest pension schemes.”