UK - Watson Wyatt has hired four new investment consultants to boost its UK consulting team on the back of a spate of departures earlier this year.
Ravi Rastogi joins from PSolve as a senior investment consultant along with Alex Sabell and Rikhav Shah, both from Hewitt Associates, and Kai Tou Ho, who joins from Cass Business School.
Kevin Carter, European head of investment consulting at Watson Wyatt (pictured), said: “All these appointments reflect the progress we are making in growing our business and reinforce our leadership position in the marketplace.”
Nine UK investment consulting staff have left the firm since the beginning of the year, the most recent being senior investment consultants Peter Eerdmans, who left for Investec Asset Management, and Peter Brackett, to Morgan Stanley Investment Management.
Debbie Clarke also left this year to join Mercer Investment Consulting.
A spokesman at Watson Wyatt, said: “The business is growing at quite a rate and we have added 17 net people to the investment practice. That includes five senior investment consultants.”
He added that there would be at least a couple more appointments into the investment consultant division before the end of the year.
Rastogi, who joins in December, was previously a principal and business manager with roles in liability-driven solutions and business development at PSolve.
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.