Watson Wyatt has promoted Paul Thornton to senior partner with effect from May 1, 2001 following the retirement of Bob Masding.
Thornton served as president of the Institute of Actuaries from July 1998 to July 2000 and chairman of the Association of Consulting Actuaries from June 1997 to June 1998.
He joined Watson Wyatt Partners (then R Watson & Sons) in 1974 after working for two years at Friends' Provident Life Office. He qualified as a Fellow of the Institute of Actuaries in 1975 and became a partner of Watson Wyatt in 1977.
Thornton is a member of Watson Wyatt's Partnership Board, having been chairman of the firm's management committee from 1995 to 1997. He is currently chairman of the pensions committee of the Group Consultatif of European Actuaries and chairman of the Committee of the International Actuarial Association.
By Janet Du Chenne
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.