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Perpetual&#39s Maguire leaves after merger

Perpetual pension development director Fiach Maguire has left the company following its £1.05bn deal to merge with Invesco last October.

Maguire&#39s departure follows the decision to merge Perpetual&#39s pension operation with Invesco&#39s.

Maguire, 42, has been regarded as one of the most influential voices calling for a greater role for fund managers in pension provision and was previously the head of Autif&#39s pension committee.

He joined Perpetual in January 1997 and is planning to take a career break while considering a number of projects.

He says: “We agreed there was no longer a suitable senior role for me but I have had four very enjoyable years at Perpetual and I wish all my pension colleagues the best.”

Perpetual was unavailable for comment.

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