UK/EUROPE - Inalytics, the transaction cost measurement company, has strengthened its offering to UK and European asset managers with a string of new hires.
Last November Stéphane Blais joined as managing director for asset management clients from Institutional Investor.
His colleague and sales director, Justine Dawes, also joins Inalytics as marketing director.
More recently, Inalytics hired Sandro Lunghi to strengthen the reporting and consultancy function.
Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.
Melrose has pledged to contribute up to £1bn to GKN's pension schemes as part of a final offer to acquire the engineering business.
Existing master trusts will be forced to pay £41,000 when applying for authorisation under the upcoming regime, the government has confirmed.
UPDATE 2 - DWP publishes DB white paper: Stronger powers for TPR, DB chair statements to be introduced
The Pensions Regulator (TPR) will be given the power to fine company bosses who deliberately puts their defined benefit (DB) schemes at risk, the government has confirmed.