UK - HSBC Actuaries and Consultants Limited (HACL) has been chosen by Wrekin to provide actuarial, consultancy and administration services for its defined benefit pension scheme.
The mandate covers advice to both the scheme trustees and the employer. The administration services will be provided from HACL’s Birmingham office and Jonathan Sarkar, actuarial director, will be the scheme’s actuary.
Commenting on the appointment, Edward Austin of Wrekin, said: “We chose HACL to be our adviser because of their innovative style, approachable and helpful team and the fact that they showed genuine interest in helping the trustees and employer implement effective solutions by providing forthright, cost-effective advice.”
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.