INCLUDING: GERMANY - Combined division for AllianzGI KAG; UK - Development actuary joins Hymans Robertson; Switzerland - ORTEC opens Swiss office
Allianz Global Investors' German investment arm (AllianzGI KAG) has merged its advisory and product design into a new pension markets division. The division will be in charge of product strategy in the pension segment. It will collaborate closely with the sales teams for retail funds, as well as the institutional funds and mandate business, headed by Tobias Pross, the newly appointed managing director of Allianz Global Investors Advisory.
UK - Development actuary joins Hymans Robertson
Consulting and actuarial firm Hymans Robertson has appointed Steven Baxter as a development actuary. Baxter, who was previously at Hewitt Associates, has joined the London office and will focus on developing mortality consulting services as well as broader quantitative modelling and actuarial systems development.
SWITZERLAND - ORTEC opens Swiss office
ORTEC, a provider of risk management solutions and investment consulting to institutional investors, has opened an office in Pfäffikon, Switzerland. The office will be headed by Sinikka Demaré, who has previously worked for Dow Chemical in various leadership positions and currently serves on the advisory board of ORTEC Finance BV.
The registration deadline for the Workplace Savings & Benefits Awards 2019 is today.
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.