UK - Punter Southall has appointed John Howard-Smith as a principal in the firm's London office. He joins Punter Southall from HSBC Investment Management where he was a senior director.
Howard-Smith will be initially involved in assisting with the development of PSolve, the new Punter Southall investment consultancy.
The appointment of another senior member to the London office consolidates Punter Southall’s commitment to providing the highest level of customer service. It is also further evidence of the firm’s continuing growth.
Howard-Smith said: It is an exciting time to have joined Punter Southall. The company has a reputation for innovative thinking within the pensions community. The recent launch of PSolve shows how they are always seeking to improve their client offering. I’m looking forward to getting involved in growing the business.
In his former role at HSBC, John Howard-Smith specialised in managing portfolios for wealthy private individuals, charities and small pension funds.
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).