Willis Towers Watson
Making DC fit for purpose with technology and scale
Tim Hodgson looks at how technology will impact the way defined contribution funds are delivered and administered.
Isio partner James Riley named SPP president
The Society of Pension Professionals (SPP) has named James Riley as president for a two-year term beginning 1 June.
Alignment is key to active fiduciary management outsourcing
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.
RPMI Railpen purchases Scottish windfarm
RPMI Railpen has agreed to acquire 90% of the Carraig Gheal Wind Farm from GreenPower International.
Aon to buy Willis Towers Watson in $30bn deal
Aon has confirmed it will buy Willis Towers Watson in a $30bn (£23bn) all-share deal, becoming the UK's largest pension consulting firm.
Rash Bhabra: The importance of passion
Willis Towers Watson's GB head of retirement speaks to James Phillips about changing DB regulation, trustee power, and a refocus on DC
Fujitsu moves DC scheme members to LifeSight master trust
Fujitsu Pension Scheme has moved its defined contribution (DC) members into Willis Towers Watson’s LifeSight master trust, passing on full responsibility for the management of its members’ pension provisions.
UK Pensions Awards 2020 - Shortlists published
Here they are. The finalist lists for the UK Pensions Awards 2020.
How multi-national companies are providing pensions for mobile workforces
Cross-border pensions and savings vehicles are growing in popularity among multi-national companies, according to research by Willis Towers Watson (WTW).
MNOPF completes £1.6bn buy-in with PIC
The trustees of the £3bn Merchant Navy Officers Pension Fund (MNOPF) have secured £1.6bn of members’ pension benefits through a buy-in transaction with Pension Insurance Corporation (PIC).
Lloyds schemes agree £10bn longevity swap with Pacific Life Re
Three Lloyds Banking Group pension schemes have transferred £10bn of longevity risk to Pacific Life Re in the second-largest longevity swap ever.
List: The biggest UK longevity swaps
There have now been a total of 27 longevity swaps over £1bn publicly announced. The full list, provided by Willis Towers Watson and through PP research, is as follows...
Longevity swap market to post record year
Longevity swap transactions will hit a record-breaking level of £25bn this year, Willis Towers Watson has predicted.
Simplifying flex: How providers are evolving to simplify products
Many traditional flexible benefit schemes have become complex and unwieldy. Nick Martindale looks at how providers are evolving to simplify products and better meet employee needs.
National Grid agrees £1.6bn buy-in with L&G in second deal this year
The National Grid UK Pension Scheme has agreed its second buy-in this year, transferring £1.6bn of pension risk to Legal & General (L&G).
Global DC attitudes to inertia versus member engagement differ widely, finds Thinking Ahead
Defined contribution (DC) schemes’ visions are generally aligned, but there are mixed views on the power of the default versus member engagement, according to the Thinking Ahead Institute.
The hopes and concerns for the future of trusteeship
TPR’s consultation on the future of trusteeship closed last week, but there are mixed views on its proposals. Kim Kaveh looks at the industry’s responses.
Exclusive: FTSE 350 employer contributions on the rise while executive pensions shrink
Willis Towers Watson has published a report looking at DC trends over the past year. Kim Kaveh looks at the findings.
Will LEBC's market withdrawal impact DB de-risking?
As one of the biggest IFA firms withdraws from the transfer market, Kim Kaveh gauges views on whether the move will impact scheme de-risking plans.
Jim Beam pension scheme moves to bundled DB solution
The Beam UK Pension Plan has appointed Willis Towers Watson to provide actuarial, fiduciary management, consulting and administrative pension services through its bundled OneDB service.
Hitachi scheme agrees hybrid benefit buy-in with L&G
The Hitachi Data Systems Retirement Benefits Plan has agreed a buy-in with Legal & General (L&G) Assurance Society, covering both defined benefit (DB) and defined contribution (DC) provision.
Railways Pension Scheme and Aon DC master trusts receive authorisation
The Railways Pension Scheme's Industry Wide Defined Contribution (IWDC) Section and the Aon Master Trust have become the 12th and 13th master trusts to be authorised by The Pensions Regulator (TPR).
HSBC scheme completes £7bn longevity swap with PICA
The HSBC Bank (UK) Pension Scheme has hedged its longevity risk with Prudential Insurance Company of America (PICA) in the second-largest ever deal of its type.