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Honours for Axa boss Brydon and pension reviewer Pickering

Axa Investment Managers chairman Donald Brydon has received a CBE in the Queen&#39s New Year&#39s honours list.

Brydon, 58, spent 22 years at Barclays and was chief executive of Axa Investment Managers from 1997 to 2002 before becoming chairman. He is also deputy chairman of the Financial Services Practitioner Panel.

Prudential chairman and former Bank of England deputy governor David Clementi receives a knighthood, as does Derek Higgs, the investment banker who headed the City&#39s corporate governance reforms.

Alan Pickering, the author of the Government-commissioned report on pensions which sparked the current round of reforms, gets a CBE.

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