EUROPE/UK - The Netherlands' ABN Amro Mellon Global Securities Services held its inaugural UK client and industry educational conference on 25 September in London.
The event, the first in an ongoing programme of biannual seminars, was held to support clients' investment process by offering practical guidance through the changing legislative and regulatory landscape in Europe.
The conference was held just weeks after the announcement that ABN Amro Mellon Global Securities Services is to formalise its status into a legal entity, creating a new global custodian.
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.