The TRW Pension Scheme has secured a £2.5bn pensioner buyout with Legal & General (L&G) after a year-long liability management project involving pension increase exchange (PIE) and enhanced transfer value (ETV) exercises.
Mercer has appointed Ben Gunnee to UK head of fiduciary management to help grow the business.
PP looks at why trustees are coming under pressure over trapped surpluses and what they can do about it
Norbert Fullerton has been appointed partner in Mercer's in Financial Strategy Group (FSG) to help meet increasing client demand for sophisticated risk management solutions.
Local Government Pension Schemes (LGPS) would have been better off if they had left their portfolios untouched for the last decade instead of listening to investment consultants, research finds.
Defined benefit pension liabilities of FTSE 350 firms hit record highs in October as falling bond yields pushed them past £700bn for the first time.
PP looks at how asset managers and insurers are changing their offerings ahead of April
Punter Southall has appointed Colette Christiansen to the newly-created position of head of de-risking solutions in a bid to increase its presence in the bulk annuity advice market.
The UK pension system has improved over the last year, according to the Melbourne Mercer Global Pensions Index, but could lose ground after retirement restrictions are lifted.
The Pensions Regulator (TPR) has hired Fred Berry for the newly created role of lead investment consultant.