Five stories you may have missed this week
This week's top stories included the 'Buck' name being revived as Conduent sold off the HR consulting business to a private equity investor.
Also, the BHS2 Pension Scheme completed a full buyout for 9,000 members with Pension Insurance Corporation, and PP revealed Now Pensions was making "huge progress" in its bid to resolve legacy administration issues.
1) Buck name revived as Conduent completes sale of HR consulting arm to H.I.G. Captital
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor H.I.G. Capital.
2) New BHS scheme completes £800m buyout with PIC
Approximately 9,000 members who transferred to the BHS2 Pension Scheme last year have had their benefits fully insured through a buyout with Pension Insurance Corporation.
3) Exclusive: Now Pensions making ‘huge progress' to rectify admin issues
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
4) TPR and FCA renew anti-pension scam campaign as savers conned of £91,000 each
The Pensions Regulator and Financial Conduct Authority have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
5) TPT appoints direct distribution head to drive growth
Barnett Waddingham's head of business development Adrian Cooper has left the consultancy to join TPT Retirement Solutions in a newly-created role.
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