News

Unchanged from previous month

Aon has named Lucy Barron as its latest partner in its investment consulting team.

Schroders has restructured its UK institutional business in a bid to strengthen focus on its fiduciary management business.

Unite members in the Royal Mail Pension Plan (RMPP) have narrowly rejected the company's proposal to set up a 'cash balance' scheme when the plan closes to accrual next year.

Trustees are increasingly using buy-ins to reduce pensioner liabilities. But, as James Phillips discovers, they could be failing to extract maximum value from these deals.

Last week's agreement on a regulated apportionment arrangement (RAA) to split Tata Steel UK (TSUK) from its defined benefit (SB) pension fund fails to answer fundamental questions.

The regulator and lifeboat fund have agreed plans to sever the £15bn British Steel Pension Scheme from Tata Steel UK after months of negotiations with the trustee and sponsor.

The industry has welcomed The Pensions Regulator's (TPR) revised definition of professional trustee, but has warned all trustees to be aware of the updated monetary penalty policy.

This week's top stories included Tom McPhail calling on occupational pension schemes to get involved in a working group attempting to reduce delays in transfers.

Newton Investment Management has appointed UBS Global Asset Management's Curt Custard to the newly-created role of chief investment officer (CIO).