UK - Hewitt Bacon & Woodrow has been appointed investment consultant to Woolworth, Newsquest and Channel 4's pension schemes.
Hewitt will handle investment consultancy work for the Woolworth Group, which operates a final salary scheme for its 33,000 employees.
Initially the firm will help the scheme trustees form an investment strategy and implement a fund management structure.
Regional newspaper publishing giant Newsquest has hired Hewitt to give investment advice on its two pension funds.
Head of UK investment practice Anthony Ashton said: “In these times clients understand that the right strategy and asset allocation benchmarks are more important than fund selection.
“We have seen more organisations buying into our approach – one in which we aim to help trustees make informed investment decisions and set their own agenda.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers