UK - Mercer appointments; NAPF launches FD PensionsConnection; Davenport appoints BlueBay
Mercer has expanded client management services within its UK outsourcing business with three appointments. KPMG's former head of flexible benefits, Tony Morgan, has joined as a principal and head of client management. Emma Pilley and Gary Evans have been appointed principals and client relationship managers in the same team. Pilley has joined from Hewitt where she was a senior client manager, while Evans was formerly a director of the administration consulting team at PwC.
UK - NAPF launches FD PensionsConnection
The National Association of Pension Funds has launched a specialist service aimed at providing information and support to financial professionals involved in their organisation's workplace pension. FD PensionsConnection covers pension issues ranging from deficits, rising liabilities, buyouts, conflicts of interest and the impact of pensions on corporate activity. Free for a year, membership includes quarterly newsletters, speaker evenings and a place at the 2008 NAPF Annual Conference and Exhibition.
UK - Davenport appoints BlueBay
Davenport Royal Dockyard Pension Scheme has appointed BlueBay Asset Management to manage a £45bn (US$88bn) investment grade corporate bonds mandate. Fahim Imam-Sadeque, institutional investment adviser at BlueBay, said: "We believe this appointment recognises BlueBay's expertise in European corporate debt and ability to generate consistent alpha across all market conditions."
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.