UK - GUS group head of pensions Ros Roberts is being tipped as the next chairman of the National Association of Pension Funds.
Industry sources say that unless she faces a challenger in a surprise election, Roberts is the prime candidate to take over from Terry Faulkner when he steps down at the NAPF’s annual conference in May.
Roberts - who was head of reward at the BBC until she joined GUS earlier this year - is currently chairman of the NAPF’s benefits council. Traditionally, the new chairman has either been head of the benefits or investment council.
But as the head of the investment council, Chris Hitchen - who is also chief executive of RailPen Investments - only took up his position in March, this leaves Roberts as the favourite to succeed Faulkner.
Nomination papers will be sent out later this month and an election will be held if more than one candidate emerges. The results of that election will be available in the new year.
Prior to joining the BBC scheme, Roberts was scheme secretary of the British Coal Staff Superannuation Scheme. She was also a member of the department for social securityís pensions education working group in 1997.
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.