PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
Consolidation is ongoing in the pensions advisory world, with no signs of abating. Jonathan Stapleton asks whether now will be seen as the high point for pensions consulting.
XPS Pensions Group has announced plans to acquire Royal London's corporate pension services division for a cash consideration of £4.8m.
PS Independent Trustees (PSIT) and HR Trustees (HRTL) have rebranded following their merger in January.
Xafinity has rebranded to XPS Pensions Group following its acquisition of the actuarial consulting, pensions administration and investment consulting businesses of Punter Southall Group earlier this year.
Xafinity Punter Southall has appointed Simeon Willis as its inaugural chief investment officer (CIO) as it seeks to strengthen its investment offering.
GKN has announced plans to make a cash contribution of £160m into its defined benefit (DB) pension schemes as part of demerger plans designed to fend off a hostile takeover by Melrose Industries.
Over the last 50 years, there has been a steady downward trend in property asset allocation. Charlotte Moore explores how scheme attitudes are changing
Patrick McCoy has been appointed to lead Xafinity Punter Southall's combined investment teams.
Up £2,000 from final 2016 figure
This week's top stories included coverage of Theresa May's reshuffle, in which the Department for Work and Pensions was given its fifth secretary of state within two years.
Xafinity has completed its acquisition of Punter Southall's actuarial consulting, pensions administration and investment consulting businesses.
The estimated transfer value quote for the average defined benefit (DB) member stayed fairly stable over November, according to Xafinity.
This week's top stories included calls for a national pensions debate to discuss investment strategies, and Xafinity's plans to acquire some Punter Southall businesses.
Combining Xafinity and Punter Southall's "highly complementary" businesses to create the "largest pure-play UK pensions consultancy" will be beneficial for clients, according to Xafinity.
PS Independent Trustees will merge with HR Trustees to form the UK's second largest form of professional trustees.
Xafinity is set to buy the actuarial, investment consulting and administration businesses of Punter Southall Group in a shares and cash deal worth £153m.
Andy Flynn and Jonathan Hight-Warbuton have been appointed to Xafinity's National Pension Trust to strengthen its defined contribution (DC) team.
Defined benefit (DB) transfer values stayed fairly steady over October, rising from £230,000 to £231,000 by the end of the month, according to Xafinity.
The frequency of potential scams in transfer requests declined three percentage points compared to last year, according to Xafinity.
Defined benefit (DB) transfer values rose steadily over August, increasing from £230,000 at the beginning of August, to £237,000 by the end of the month, according to Xafinity.
Pension schemes should rethink their approach to defined benefit transfers in response to high demand since Freedom and Choice, writes Kim Kaveh
Defined benefit (DB) transfer values remained fairly stable in July, falling by just £2,000 to £230,000 by the end of the month, according to Xafinity's monthly index.
Volatile gilt yields saw the estimated average defined benefit (DB) to defined contribution (DC) transfer value fall by £9,000 over June, Xafinity has said.