UK - Michael Calvert has been appointed to head up the pensions practice at international law firm Reed Smith.
Calvert, previously at Ashurst Morris Crisp, has experience in all aspects of transactional and non-transactional pensions issues, including mergers and acquisitions, management buy-outs, joint ventures and flotations, pension scheme set ups and litigation.
The appointment brings the number of lawyers in Reed Smith’s UK employment practice to eight.
Reed Smith’s managing partner in London Tim Foster said: “We are delighted that Michael has agreed to join us and his appointment enables us to offer an enhanced service to our clients.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.