UK - Actuarial firm Punter Southall & Co has hired a new marketing director.
Graham Forest-Jones joins the firm after having launched the Aon Consulting brand in the UK in 1997.
Amongst his new responsibilities, he will oversee units of South African firm Sanlam Financial Services, including, investment solutions consultancy PSolve; PS Ashland, investment performance verifiers; multi-managers io investor; Hichens, Harrison & Co, stockbrokers, and Hichens Investment Management.
Forest-Jones’s appointment follows the recent arrival of Graeme Muir as head of the group’s public sector pension consulting operation.
By Madhu Kalia
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.