Nissan appoints Mercer as global retirement consultant
Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.
The deal follows a testing period for Japanese multi-nationals as tightening credit markets and shifts in the exchange rate have left them exposed to potential funding losses in foreign pension plans....
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ITS hires new director in London office
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
PPF consults on adopting more 'optimistic' assumptions
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
PPF index: DB deficit falls 27% to £62.8bn
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Buck name revived as Conduent completes sale of HR consulting arm to H.I.G. Capital
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.