Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
This week’s top stories included Isio’s first financial results, while the Association of British Insurers insured 191 members’ benefits in a £26m buy-in with Aviva.
Isio, the former pensions advisory arm of KPMG, has recorded revenues of £41.2m in its first seven months as a standalone business.
The restructuring division of KPMG, including its employer covenant team, will be acquired by H.I.G Europe.
After a decade of de-risking, there is still more to do, particularly for those schemes late to the hedging party, writes James Phillips.
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
Former Financial Regulators Complaints Commissioner Antony Townsend is to become chair of an expanded Determinations Panel at The Pensions Regulator (TPR).
Leaders of the Big Four accounting firms have joined forces to unveil a reporting framework for ESG standards.
Hedge funds are emerging from disruption caused by the coronavirus pandemic more resilient, adaptable, diverse, efficient, and productive, according to the Alternative Investment Management Association (AIMA).
This week’s top stories included auditor KPMG confirming it is considering reducing pension contributions for 20% of staff amid the ongoing impacts of the coronavirus pandemic. Also, MPs hit out at HM Revenue & Customs over the benefits of pensions tax...
KPMG has begun a consultation on reducing pensions contributions, affecting around 20% of staff if agreed on, Professional Pensions finds.
The Pension Protection Fund (PPF) has launched an advisory panel to support trustees of schemes whose sponsoring employer is stressed or distressed.
The Society of Pension Professionals (SPP) has named James Riley as president for a two-year term beginning 1 June.
Following the Competition and Marketing Authority's investigation, Nick Reeve looks at how trustees can prepare for the formal tender process required for the selection of fiduciary managers.
KPMG’s pensions advisory business has relaunched following a £200m leveraged buyout that will see it rebrand as Isio.
The UK will leave the EU on 31 January, Professional Pensions’ expert advisory panel tells James Phillips what pension schemes should now be thinking about.
In the fourth of a series of interviews with fiduciary evaluators, Margie Lindsay speaks to KPMG’s Greg Wright about why he sees the evaluator role as critical in selection and monitoring processes
The Electricity North West Group of the Electricity Supply Pension Scheme (ESPS) has invested in an £805m pensioner buy-in with Scottish Widows.
Metrics that will allow pension funds to compare providers’ performance for the first time will provide a much-needed boost to transparency, according to Dalriada Trustees.
KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
The Pensions Regulator (TPR) has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
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.
The total number of mandates in the market rose 10% in the 12 months to June 2019 despite ongoing challenges stemming from the Competition and Markets Authority investigation into fiduciary management markets, KPMG finds.
KPMG has confirmed it has entered into exclusive talks with Exponent Private Equity to sell its pensions advisory unit.