INCLUDING: NETHERLANDS - LCP opens Dutch office; UK - Pensions Regulator code before Parliament; UK - Head chosen for Capita Hartshead investment consultancy
Lane Clark & Peacock LLP (LCP) has expanded its European network with the opening of a new office in the Netherlands. LCP, which has existing offices in Belgium, Switzerland and the UK, announced the office would be headed by Henk van Embden, Evert van Ling and Jeroen Koopmans. Van Embden and van Ling formerly ran the Netherlands practice of Buck Heismann, while Koopmans joins from CommonSense Actuaries where he was the managing director. LCP Netherlands is based in Utrecht.
UK - Pensions Regulator code before Parliament
The Pensions Regulator's dispute resolution code of practice has been laid before Parliament. The legislation sets out that trustees or managers of occupational schemes and trust-based stakeholder schemes must ensure there is a procedure in place for those with an interest in the scheme to apply for a decision on a matter in dispute. The code can be viewed on the regulator's website: http://www.thepensionsregulator.gov.uk/codesOfPractice/
UK - Head chosen for Capita Hartshead investment consultancy
Capita Hartshead, a firm of actuaries, administrators and pension consultants, has announced its newly-established investment consultancy advice practice will be led by Philippa Aaronson. Prior to joining Capita Hartshead, Aaronson led the regulated practice at Aon Consulting for 13 years and also launched the London-based advice practice for Quantum, a firm of pension advisers.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.