Garvin & Co has been appointed by MG Rover Group to act as consultants to its new pension scheme, following the Pheonix Consortium's take over of Rover from BMW.
Garvins will advise on the setting up and running of the new pension scheme. Responsible for the new account will be Garvins director Craig Stansfield. Additionally Mark Frost, formerly of Bacon & Woodrow, will be scheme actuary for the new fund.
MG Rover has also named Bristol based Portland Pensions as the new scheme's administrator. To service the new scheme, Portland will be opening a new Redditch based office.
By Geoffrey Ho
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.