UK - HSBC Actuaries and Consultants Limited (HACL) has appointed Jonathan Sarkar FIA (pictured) as actuarial director.
Sarkar joins HACL after 15 years with Mercer HR Consulting, where he was a european partner.
He will be based at the firm’s London office in Canary Wharf and act as appointed scheme actuary and consultant to anumber of HACL clients.
Sarkar will also be responsible for the day-to-day management of the London team.
Commenting on the appointment, Dermot Reaney, HACL’s seniorconsultancy director said:
Jonathan combines a strong personality with proven technical and business winning skills. He is a welcome addition to our team in London.
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.