INCLUDING: UK -Mercer hire; CANADA - CPP developments; UK - BGI's new strategy chief; UK - PPF appoints two new non-executive board members
UK – Mercer hire
Mercer Human Resource Consulting has appointed Martin Johnson as a principal within its Financial Strategy Group (FSG) in London.
Johnson has over 16 years' experience of working in financial institutions in strategic advisory roles. He joins Mercer from Integrated Finance Ltd, where he was a director and head of UK business development for a new structured defined contribution (DC) pensions solution.
CANADA – CPP developments;
The office of the chief actuary (OCA) has announced the establishment of a panel of actuaries to review the 23rd actuarial report on the Canada Pension Plan (CPP).
Produced every three years, the actuarial report on the CPP is considered by federal and provincial ministers of Finance when reviewing and making recommendations on the CPP.
UK – BGI’s new strategy chief
Barclays Global Investors (BGI) has appointed Kevin Chang as head of strategy, active equities, Europe.
He joins from Credit Suisse where he was global head of derivatives solutions and, more recently, chief risk officer.
At BGI, Kevin will have a dual responsibility within the Europe active equities team.
UK – PPF appoints two new non-executive board members
The board of the Pension Protection Fund (PPF) has announced the appointment of two new non-executive Members – Ann Berresford and Sir Anthony Holland.
PPF chairman, Lawrence Churchill, said Berresford and Holland would bring a wealth of experience from the pensions, financial and public sector worlds to the PPF board.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.