UK - PSolve, the new Punter Southall financial consultancy, has won the mandate to advise on the review of investment strategy at The Electricity Association Services Group (EAS Group).
The EAS Group, which is a member of the Electricity Supply Pension Scheme, has pensions assets worth £165m and a total of 1,325 scheme members. As part of the appointment, PSolve has been tasked with conducting a full review of the EAS Group’s investment arrangements as well as providing ongoing monitoring services.
Robbie Bowker, senior consultant and business manager at PSolve, said: We pride ourselves on our holistic approach and obtain a full understanding of the liabilities that drive a client’s investment policy. We want to make sure that the right questions are being asked before we determine the solution. We are delighted that the EAS Group has responded to our approach and we look forward to working closely with them in the future.
By Luke Clancy
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.