Aon Hewitt has been reappointed as actuarial and benefits adviser to the Durham County Council Pension Fund.
The provider, which has worked with Durham since 2003, will assist the administering authority in managing the fund and carrying out the actuarial valuations for 31 March 2016 and 31 March 2019.
The pension fund which is part of the Local Government Pension Scheme (LGPS) has assets of over £2bn.
Durham County Council corporate director resources Don McLure said the fund looked forward to working with Aon as actuary, “during what are likely to be challenging times for LGPS funds”.
The fund has approximately 18,000 members, 17,000 pensioners, 13,000 deferred pensioners and approximately 110 contributing organisations.
It follows Aon’s appointment by the North Yorkshire Pension Fund and its appointment by the Tyne & Wear Pension Fund.
Aon currently advise five LGPS funds – Northumberland, North Yorkshire, Teesside, Durham and Tyne & Wear.
The government has confirmed the current interim chairwoman of The Pensions Ombudsman (TPO), Caroline Rookes, will continue the role in a permanent capacity.
The Pensions Management Institute (PMI) has appointed three non-executive directors and an executive director to its board.
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Six members of Ross Trustees’ pension trustee and support teams have been promoted into new roles.