Trustees of the £65m University of St Andrews Pension Scheme have appointed Aon Hewitt to supply the fund with a broad range of services.
The consultant will provide the Scottish university’s scheme with services including actuarial and investment advice, pensions administration and risk benefits consultancy. The university, where the...
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.