Xafinity has bought PricewaterhouseCoopers' scheme actuary, pensions administration and investment consulting business for an undisclosed sum.
UK - Xafinity has bought PricewaterhouseCoopers' scheme actuary, pensions administration and investment consulting business for an undisclosed sum.
GLOBAL - The number of schemes awarding managers bond mandates increased by over 50% in 2009, Towers Watson said.
UK - Overall investment manager search activity increased in the UK during the first nine months of the year in a sign activity is returning to pre-credit crunch levels, Mercer said.
Proposed changes to IAS19 will dramatically increase reported pension costs, Hewitt Associates said.
US/EUROPE - Towers Perrin and Watson Wyatt have been granted conditional clearance to proceed with their merger to form Towers Watson.
UK - Nine-tenths of trustees and sponsors believe deficits will increase at their next valuation, latest Hewitt research revealed.
Mercer and Callan Associates have terminated their 17 February agreement to merge their investment consulting businesses.