Global actuaries Buck Consultants has promoted John Walbaum to senior investment consultant within its investment consultancy practice.
Walbaum will be responsible for investment manager research and oversee the provision of investment consultancy services to clients from both the Birmingham and Manchester offices. He will continue to have responsibility for Edinburgh, where he is based. Walbaum joined Buck in 1994 as a director with both local and national managerial responsibilities. He moved to Buck's corporate investment consultancy practice in mid-1999.
By Madhu Kalia
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".