The trustees of the Merchant Navy Officers Pension Fund (MNOPF) have appointed Rory Murphy as chairman of the board.
This follows the recent retirements of former chairman Peter McEwen and vice-chairman William Everard. Mike Jess has also been named vice-chairman of the scheme devoted to providing retirement and death...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
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.
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.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.