Willis Towers Watson

PP looks at how the Just Retirement and Partnership merger could impact market competition.

Defined benefit members are taking advantage of the flexibilities through a number of ways according to research.

Almost one in five members transferred out of their defined benefit (DB) scheme to use their freedoms after receiving advice according to Willis Towers Watson.

This year’s survey reveals what schemes are looking for in administration systems and third-party administrators and highlights the key providers.

Chris Inman has been appointed to lead Aon's defined contribution (DC) investment advisory service as the consultancy expands its DC services.

The £2.7bn Merchant Navy Officers Pension Fund (MNOPF) has improved its funding level to 79% after increasing its liability hedging ratio to 95% of assets.

Mitesh Sheth has been promoted to chief executive by Redington and will start work on 5 April.

Bulk annuity business in 2016 will outstrip last year's levels despite a slow start due to the introduction of Solvency II, according to Willis Towers Watson.

Nearly a quarter of companies have still not reviewed their pension schemes' investment strategy in light of the April freedoms according to Willis Towers Watson's DC master trust, LifeSight.

KPMG has beefed up its defined contribution (DC) practice with the appointment of eight full-time DC specialists in senior management positions.