The trustees of the Merchant Navy Officers Pension Fund (MNOPF) have appointed Bob Hymas as chief financial officer (CFO).
The Merchant Navy Officers Pension Fund (MNOPF) is to rebrand its third party administration and trustee services businesses, MNPA and MNTS, as Ensign.
The Merchant Navy Officers Pension Fund has secured a £680m buy-in with Rothesay Life.
The £3.3bn Merchant Navy Officers Pension Fund has appointed Hymans Robertson as independent investment adviser to monitor and challenge the actions of its fiduciary manager, Towers Watson.
Schemes with high insolvency scores could see their insolvency probability increase by a factor of five under the Pension Protection Fund's new levy framework, a consultant says.
The Pension Protection Fund's new levy calculation remains unfair to last man standing multi-employer schemes and must be changed, the Merchant Navy Officers Pension Fund says.
UK - The trustee of the Merchant Navy Officers Pension Fund has selected Towers Watson as the delegated chief investment officer for its £3bn ($4.7bn) pension fund.
Employers who thought they were free of funding obligations might still be "on the hook" for paying liabilities, following a High Court ruling yesterday.
UK - The Merchant Navy Officers Pension Fund has secured a further £100m (US$149.9m) of liabilities after signing a second buy-in deal with Lucida.
The Merchant Navy Officers Pension Fund has secured a further £100m of liabilities after signing a second buy-in deal with Lucida.