Administration software provider Profund Solutions has acquired pensions accounts specialist Aviary for an undisclosed sum.
Aviary, which was set up by Steve Bird and Martin Parrot, will retain its name and will continue to run as a separate business, with Bird named as commercial director of Profund as part of the deal. ...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.