INCLUDING: UK - ACA chairman announced; UK - Former Watson Wyatt staffer joins Mercer; AUSTRALIA - Kouryialas joins Martin Currie; UK - Hymans Robertson promotes Birmingham head
Keith Barton has been elected chairman of the Association of Consulting Actuaries (ACA). Barton, a senior actuary at Hewitt Associates, is scheme actuary to a number of large pension plans and is chairman of the trustees of the company's own pension fund. He takes office on 1 June and succeeds Ian Farr of Watson Wyatt.
UK - Former Watson Wyatt staffer joins Mercer
Mercer has appointed Crispin Lace as a principal and senior investment consultant within its investment consulting business. Based in London, he will be responsible for advising a portfolio of clients on investment issues. As a member of Mercer's European Policy Group, he will also work closely with Mercer's senior leadership to drive forward intellectual capital and strategic research across Europe. Lace joins from Watson Wyatt, where he was a senior consultant.
AUSTRALIA - Kouryialas joins Martin Currie
Edinburgh-based specialist equity boutique Martin Currie has appointed Kimon Kouryialas as country head for its Australian operation. Kouryialas, who joins from Legg Mason Australia Asset Management, will be based in Melbourne and focus on developing Martin Currie's Australian business in the institutional (wholesale) and platform/retail investment markets.
UK - Hymans Robertson promotes Birmingham head
Hymans Robertson has appointed Rob Harper as equity partner. Currently, head of trustee services, Harper is also head of Hymans Robertson's Birmingham office. Hymans Robertson currently has 43 partners based in London, Birmingham and Glasgow, 12 who are equity partners, advising clients in both the public and private sectors.
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.