UK - Jardine Lloyd Thompson has been appointed to provide the University of Liverpool Pension Fund with actuarial, consulting and strategic investment advice services.
In winning the brief JLT beat off competition from several big name consultancies.
The services will be delivered from JLT’s Huddersfield office where JLT north of England consulting director Phil Wadsworth will act as scheme actuary supported by a senior consultant and actuary Andrew Firbank.
University of Liverpool director of finance John Sandbach said: “Our initial selection list resulted in tenders from over twelve potential suppliers and this also included the larger consultancies more traditionally associated with this sector.
“The trustee board are pleased with the outcome as the JLT team demonstrated a very high level of personal care and understanding of our needs, particularly with regard to Myners and its impact on us.”
JLT business development manager Clive Hamilton said: “This is a most prestigious name and a significant win.
“Our team are all looking forward to building a successful and long lasting working partnership.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.