Bacon & Woodrow (B&W) has promoted four of its UK based pensions and investments consultancy staff to partner level.
Andrew Tunningley, based in London; Andy Staddon, based in Leeds; Sarah Kenyon, formerly an associate at B&W's Epsom; and Mark Jones of B&W’s compliance consultancy unit, all move up to partner level.
Jones advises clients on compliance with the Financial Services Authority (FSA), risk management and on pensions mis-selling reviews.
By Geoffrey Ho
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.