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.
Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.
Melrose has pledged to contribute up to £1bn to GKN's pension schemes as part of a final offer to acquire the engineering business.
Existing master trusts will be forced to pay £41,000 when applying for authorisation under the upcoming regime, the government has confirmed.
UPDATE 2 - DWP publishes DB white paper: Stronger powers for TPR, DB chair statements to be introduced
The Pensions Regulator (TPR) will be given the power to fine company bosses who deliberately puts their defined benefit (DB) schemes at risk, the government has confirmed.