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.
Mark Stephen and Steve Sarjant have been appointed non-executive directors by Pension Insurance Corporation (PIC).
Deloitte, PwC and Shell will offer all employees enhanced paternity packages, after deputy prime minister Nick Clegg urged private firms to do more to support working parents.
Tim Reay has been appointed director of PwC's pensions team.
PwC has signed up the majority of insurers involved in the bulk annuity market to its Skyval Insure platform in a bid to make pricing easier for corporates and trustees.
Deloitte has hired Richard Jarvis to be director in its total reward and benefits team in the north of England.
Raj Mody discusses how investment portfolios should reflect a changing world
Asset and fund managers are the least trusted of all financial services firms, according to research.
PwC has enlarged its pensions team with a series of appointments aimed at meeting growing client demand.
The industry responds to the government's latest pledge on pensions