UK - Raj Mody (pictured) has joined PricewaterhouseCoopers as a partner in its UK pensions practice, having spent many years with Hewitt Associates.
Mody will be responsible for leading the PWC’s pensions relationships with a number of major clients.
PWC said Mody’s appointment was a part of a major expansion programme for the firm’s multi-disciplinary UK pensions practice.
That programme was being fuelled by increased demand for pensions specialists who could offer wider business skills and commercial acumen, as companies grappled with the impact that pensions were having on so many areas of corporate life.
Prior to joining PWC, Mody held a number of leadership and senior consulting positions at Hewitt Associates over the years, advising major UK and multinational organisations.
By Damian Clarkson
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.