Consolidation is ongoing in the pensions advisory world, with no signs of abating. Jonathan Stapleton asks whether now will be seen as the high point for pensions consulting.
JLT Group's revenue growth for 2016 was slightly hampered by poor performance from its UK and Ireland employee benefits arm in the first half.
The aggregate deficit of FTSE 350 defined benefit (DB) schemes more than doubled in 2016, causing funding levels to plummet 10% in 12 months.
Sponsoring employers are being too cautious amid low interest rates and missing out on advantageous de-risking opportunities, according to analysis by JLT Employee Benefits.
Nick Buckland has been named as a senior investment consultant at JLT Employee Benefits, after leaving Dorset County Council.
FTSE 350 companies may need to reconsider whether to pay dividends after the total deficit has climbed to £207bn by the end of August.
JLT Employee Benefits has hired Tony Pike as head of sales in its investment consulting business.
Jardine Lloyd Thompson (JLT) has seen a significant increase in the deficits of its defined benefit (DB) pension schemes over the past year.
The Pension Protection Fund has appointed a further four actuarial firms in a major extension of its ‘assess and pay' project to speed up scheme entry into the lifeboat fund.
Market rumours that rival firms were looking to buy Jardine Lloyd Thompson sent shares in the FTSE 250-listed company shooting up from 21p to 602p yesterday.
JLT is to merge its two Manchester offices following the acquisition of HSBC Actuaries and Consultants last year.
The Association of Consulting Actuaries has confirmed Stuart Southall will replace Keith Barton as the trade body's chairman.
Midland Independent Newspapers Pension Scheme has appointed Jardine Lloyd Thompson as its scheme actuary.