Five stories you may have missed this week
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
- Marsh & McLennan to buy JLT in $5.6bn deal; Deal creates largest UK pensions consultancy by turnover
Marsh & McLennan Companies, the parent company of Mercer, has agreed to buy JLT for a total of $5.6bn (£4.3bn).
Home secretary Sajid Javid has called for auto-enrolment to be scrapped as part of a "shock and awe strategy" should the UK fail to reach a Brexit deal, according to reports.
XPS Pensions Group has bought the public sector pensions administration arm of Kier Business Services for a consideration of up to £3.5m in cash.
The Pensions Regulator will double down on its supervision with hundreds of schemes expecting increased oversight, while more than 60 will be subject to dedicated, one-to-one supervision.
The trustees of the Kodak Pension Plan No.2 have said it will likely enter the Pension Protection Fund in "due course" after reviewing the scheme's investment in Kodak Alaris.
More on Industry
Have your say: Do you support the ruling that DB trustees must equalise GMPs in past transfers?
In this week's Pensions Buzz, we want to know whether you support the ruling that defined benefit (DB) trustees must equalise GMPs in past transfers.
XPS launches scam protection checklist for trustees
XPS Pensions Group has launched a scam protection checklist to assist trustees in meeting The Pensions Regulator’s (TPR) scam pledge initiative.
Five stories you may have missed this week
This week’s top stories included the rejection of an automatic guidance amendment in the Pension Schemes Bill, while The Pensions Regulator posted a sharp increase in the use of its powers.
Net-zero target should not be mandated as part of the Pension Schemes Bill, industry says
The majority of the pensions industry agrees an eventual net-zero target should not be mandated for schemes as part of the Pension Schemes Bill, according to a Professional Pensions poll.
Local Pension Partnership Administration joins PSIG industry forum
Local Pension Partnership Administration (LPPA) has become the latest organisation to join the Pension Scams Industry Group (PSIG) forum.
Most read
