UK - Punter Southall has been appointed as actuaries and consultants to the pension fund of Comet Group.
The pension fund, which was launched in April 2004 following the demerger from Kingfisher, has an initial membership of 5,300 members and assets in excess of £100m.
Punter Southall’s principal Steve Leake said: “This appointment is further proof of the ongoing growth across the company. We are delighted to have been chosen by such a leading organisation and look forward to working closely with them.”
Chris Parrott, pensions manager for Comet Group added: “We were impressed, and continue to be impressed, with Punter Southall’s innovative thinking. Their advice and assistance in the implementation of our new pension arrangements has been invaluable.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.