MERCER HR Consulting has taken on 16 in-house Scottish & Newcastle pensions staff after winning a "major" outsourcing contract with the brewer's £2bn scheme.
The consultant has been appointed to provide a full range of pension management services for the trustees of the Scottish & Newcastle Pension Plan, including actuarial and investment consulting, administration...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.