UK - Consulting actuaries Lane Clark & Peacock has appointed of Michael Berg as a new senior pensions consultant in its London office.
Previously a senior manager in PwC’s pensions actuarial practice, he is an actuary with over 10 years’ pensions experience.
His main role at LCP will be to advise on the pensions aspects of mergers and acquisitions, including due diligence, negotiation of transfer values and negotiation support on pensions issues affecting purchase price.
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.