IRELAND - Former Hewitt Bacon & Woodrow managing director, Richard Moore, has taken a part-time role at the firm with responsibility for integrating the company's business in Ireland.
Moore is also retaining the management of “several major clients”.
As reported in last week’s issue, Moore’s role as managing director of Hewitt’s UK operations is being taken over by Roger Parkin, head of retirement and financial management. Hewitt stresses, though, that Moore is not leaving the company.
This week's edition of Professional Pensions is out now.
Nearly 60% of UK employers consider defined contribution (DC) master trusts to be the "most suitable" pension fund for their employees, according to research by Buck.
Companies which have tried to dodge their pension duties by changing their identities are being "hunted" by The Pensions Regulator (TPR) in a crackdown on non-compliance with auto-enrolment (AE).
Removing liquidity restrictions would enable DC funds to capitalise on the potentially higher and safer returns that DB schemes have benefitted from, says Patrick Marshall.