News

Hymans Robertson has appointed four new partners across different areas within the firm, including financial services and defined benefit.

The Pensions Regulator and Sainsbury's have confirmed they are in talks over the impact of the Asda tie-up on the supermarket's defined benefit (DB) pension scheme.

Some 43% of defined benefit (DB) schemes are closed to future accrual, while just 4% are still open to new active members, according to analysis by Barnett Waddingham.

Smart Pension has appointed Eamon Mulholland as executive consultant to help with the firm's expansion.

Worcestershire County Council Pension Fund has implemented a solution to bank some of the recent upside in the equity markets and protect these gains through to its 2019 triennial valuation, PP has learned.

Former Pension Protection Fund (PPF) chief executive Alan Rubenstein says he would have liked to see 'more action' on recovery periods for underfunded schemes.

JLT Employee Benefits has hired Michael Wray as its chief operating officer and director of strategic investment solutions in a bid to strengthen its investment consulting and fiduciary management offering.

Concluding that the purpose of a pension scheme is not simply to apply the employer's preferred remuneration strategy would result in trustees becoming "paymaster", the Court of Appeal has been told.

Conduent has announced it is to sell its human resource consulting and actuarial business - the part of the firm formerly known as Buck Consultants - to private equity investor, H.I.G. Capital.

Defined contribution (DC) schemes that have opted for passive management should consider whether a multi-factor portfolio better suits their needs, Aon says.