GLOBAL - Peter Eyre is to join Watson Wyatt as a senior consultant advising multinational clients on the management of their worldwide employee benefits programmes.
He joins from the Allianz International Employee Benefits Network, where he was the first non-German executive to be appointed to Allianz Lebensversicherungs AG in its 140-year history.
All Net manages the international benefits business of over 100 of the key corporate clients of the Allianz Group throughout the world.
Eyre has over 30 years’ experience in group pensions and employee benefits.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.