Five stories you may have missed this week
This week's top stores included coverage of eight promotions made by Hymans Robertson, as well as PTL becoming a standalone business after completing a management buyout.
Also, CMS named its new head of pensions after merging with Nabarro and Olswang, and Theresa May promised new powers for TPR to block M&As.
1) Hymans Robertson makes eight promotions
Hymans Robertson has promoted three partners to equity members, and five employees to partner status.
2) PTL separates from Pitmans in management buyout
Pitmans Trustees has separate from Pitmans law firm to become a standalone business after completing a management buyout.
3) CMS names head of pensions after three-way merger
CMS has named Mark Grant as head of pensions as the law firm completes its tripartite merger with Nabarro and Olswang.
4) Theresa May promises M&A veto powers for TPR if re-elected
The Pensions Regulator will be given powers to block certain mergers and acquisitions to protect pensions if the Conservative Party is re-elected on 8 June.
5) Slowed longevity improvements could wipe £310bn off total pension deficit
Schemes could see huge reductions in their liabilities on a funding basis if the recent slowdown in life expectancy improvements becomes a long-term trend, according to PwC.
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