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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…
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Defined benefit schemes are taking fresh approaches to liability-matching and repositioning their return-seeking investments, says Alastair O'Dell.
The combined pension deficit of FTSE 350 companies grew by £9bn in December 2017 to £41bn one year later on an accounting basis, according to Mercer's funding tracker.
Defined benefit (DB) schemes are set to shear themselves of over £300bn of liabilities between 2019 and 2021 as they continue to mature, Mercer predicts.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.
Some 87% of master trusts support future collaborative efforts to overcome barriers to good service delivery, the Pensions Management Institute (PMI) says.
KPMG has announced three senior hires in its investment advisory team as the firm sets up an investment advisory practice in Bristol.
Aon, Mercer and Willis Towers Watson have renewed criticism of the Competition and Markets Authority (CMA) over its analysis of the benefits of tendering for fiduciary management contracts.
The UK must do more to address its ageing demographics, says Mercer, as its global pension index shows the country static in its rankings.
Capital Cranfield has hired Peter Thompson and Fiona Stark as professional trustees in response to strong demand from pension funds.
Investment consultants including the 'big three' have all agreed to participate in discussions to develop a strategy to demonstrate whether they provide value for money to pension fund clients.
The beleaguered Nortel Networks UK Pension Plan has entered into a £2.4bn buyout with Legal & General (L&G), insuring members' benefits nearly a decade after its sponsor collapsed.
This week's top stories included The Pensions Regulator's announcement that 30 master trusts have or will exit the market, and industry experts calling for the watchdog to reveal the names of those master trusts.
Mercer and Morningstar have teamed up to develop a global platform for investment data, research and analytics.
Jonathan Stapleton asks how the combination of improved scheme funding and better insurer pricing could drive a resurgence in the take-up of full insurance buyouts.
Errors in the Competition and Markets Authority's (CMA) data analysis make its provisional decision on the investment consultants market investigation "flawed", and lacks an "adequate evidential basis" to impose remedies, Mercer has said.
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).
Marsh & McLennan to buy JLT in $5.6bn deal; Deal creates largest UK pensions consultancy by turnover
Marsh & McLennan Companies (MMC), the parent company of Mercer, has agreed to buy JLT for a total of $5.6bn (£4.3bn).
The combined pension deficit of FTSE 350 companies grew by £3bn to £32bn over July, according to Mercer's monthly funding tracker.
BNP Paribas Asset Management has hired Jane Ambachtsheer as global head of sustainability to broaden the firm's long-term investing capability.
Buy-in and buyout pricing could increase due to future capital requirements for insurers holding equity release mortgage assets to back deals. Victoria Ticha looks at what it means for trustees
The Competition and Markets Authority (CMA) published its provisional decision on its investment consultant market investigation this morning. Here is the reaction from consultants and fiduciaries…