PITMANS Trustees has been appointed independent trustee to The Reform Club's final salary pension scheme.
The club in London’s Pall Mall was formed in 1836 as the HQ of the Liberal Party, but has been non-political for 80 years. Pitmans Trustees director Andrew Gaspar said: “As a result of winning the Independent...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.