UK - Aon Consulting has announced it has been appointed scheme administrator to the Milk Pension Fund, the pension fund for the UK milk industry.
Richard Thornton, secretary to the trustees for the Milk Pension Fund, said: "Aon were able to demonstrate a clear understanding of our service requirements. We were particularly impressed with Aon's innovative, member-focused approach to performance management which we're confident will not only enhance the member experience but also offers clear benefits for the trustees."
Stuart Heatley, managing director of pensions administration at Aon Consulting said: "We are delighted to have been appointed by the Milk Pension Fund and look forward to working closely with the trustees to deliver a first-class administration service to the members."
Mercer has also announced it has been contracted to provide investment services, including strategic asset allocation advice and implemented investment manager selection services to pet food and renewable energy firm PDM Group.
Gordon Braide, trustee, PDM pension scheme, said: "Mercer has been involved in an actuarial and advisory capacity for many years. The trustees have every confidence that the success of Mercer's involvement with the scheme so far will translate into a successful relationship in other areas."
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.