Changes at top of Watson Wyatt
Watson Wyatt has announced key changes at the top of its global investment consulting business with its long-serving global head of investment consulting, Roger Urwin, moving into a thought leadership role to be replaced by Carl Hess from July 1, this year.
The move was announced by the Watson Wyatt president and chief executive, John Haley, who said that Urwin’s new role would give him responsibility for investment thought leadership and research.
The departure of Urwin from his leadership role in investment consulting ends a long tenure that began in 1995 after he was promoted from his previous position as head of Watson Wyatt’s United Kingdom investment consulting practice.
Hess has been with Watson Wyatt for almost 20 years and is currently the director of investment consulting in the Americas.
Recommended for you
The levy payable by financial advisers for the Compensation Scheme of Last Resort has almost quadrupled for FY26 as the government launches a formal review.
Melbourne and Perth-based Endeavor Asset Management has added 24 financial advisers to its AFSL this week, with overall industry numbers rising by more than a dozen.
The industry has reacted to the retirement of Stephen Jones as Minister for Financial Services, recognising his efforts on scams and financial reforms.
Australian advised clients are the most eager among global peers to invest in private markets, according to Hamilton Lane, with their knowledge of the asset class also being higher.