UK - Jardine Lloyd Thompson has hired Giles Davis as business development manager.
Davis, who will be based at the firm’s London office, will head the employee benefits division and will manage business development opportunities in the south of England.
He is a member of the Chartered Insurance Institute and the Pensions Management Institute. Jardine Lloyd Thompson Benefit Solutions business development director John Broker said: “[Davis] will strengthen our ability to promote what is a strong and developing side of our organisation.”
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.