INCLUDING: UK - PensionsFirst seminars; UK - Watson Wyatt research; UK - Investment Solutions appoints CIO
PensionsFirst has announced new dates for its seminar series 'Managing Pension Fund Risk'. The seminars, to be held in London during May and June, address the key issues around pension scheme risk, longevity and the current solutions in the market. They are targeted at pension professionals, CFOs and finance directors. Registration is required by emailing [email protected]
UK - Watson Wyatt research
Watson Wyatt is undertaking research into the future of retirement savings in the UK workplace, in an attempt to paint a picture of retirement provision over the next 10 to 15 years. The firm is collecting views from those within and outside the pensions industry and is particularly interested in whether benefit provision will need to focus more on offering flexibility to those employees who wish to pursue alternative retirement wealth creation options. Watson Wyatt is asking willing participants to complete a survey at www.watsonwyatt.com/prfquestions
UK - Investment Solutions appoints CIO
Michelle McGrade has been appointed chief investment officer of Investment Solutions, part of the Alexander Forbes Group. McGrade, who was previously head of multi-manager portfolio management at Northern Trust Global Advisors Ltd, spent the majority of her career at pioneering multi-manager companies such as Bermuda International Investment Management (Europe) Ltd as a director and latterly at RBS Asset Management as part of the management team.
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.