MITUSI Babcock Energy Pension Fund has appointed David Somers as chairman of trustees and chairman of the investment committee. He takes over from Sir Frank Gibb, who retired as chairman last year.
Mitusi Babcock director of human resources Lindsay Pritchard said: “David brings a wealth of experience to this role from his professional and commercial background – we are excited to have him on board.”...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.