Advisers – Page 137
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News
Watson hires ex-Towers Perrin consultant Newman
UK – Watson Wyatt has hired former Towers Perrin consultant Kevin Newman as a senior consultant in its healthcare and risk consulting team.
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Features
Busy times in Belgium
Pensions consultants in Belgium are doing a swift trade. The Belgian parliament approved new legislation on supplementary pension last May. The new law, which takes force in January, is far-reaching, and pension schemes have called in consultants to deal with its implications. “There’s a lot to do, and it affects ...
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Features
Scherkamp puts the clock back
Europe’s large corporates face some searching questions on their approach to pension provision, in the view of Peter Scherkamp, who recently left Siemens in Munich head of finance strategies and Vorstand of the Siemens Pension Trust to set up his own pensions consulting firm. “Chief financial officers realise that they ...
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Features
'Highly dependent on advisers'
A new report commissioned by the UK government’s pensions department says fund trustees are “highly dependent” on investment consultants. It points out that consultants’ contracts tend not to be based on formal performance assessment. “Investment consultants were involved in many different aspects of investment decision-making, and trustee boards were highly ...
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News
Avaya taps Orbit for UK pensions management
UK – US-based communications equipment firm Avaya has appointed Orbit Benefits to provide pensions administration in the UK.
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News
Towers Perrin hires two from Watson Wyatt
UK – Towers Perrin has hired two consultants from Watson Wyatt, Huck Ch'ng and David Finn.
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News
Dutch union critical of widows’ pensions
NETHERLANDS – Dutch labour union federation the CNV says the pensions of widows and widowers are under threat.
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News
UK projects 12% rise in pensioners
UK – According to government projections, the number of pensioners is set to rise by almost 12% to 12.2 million in the next 10 years.
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News
UK public pension numbers up and private down
The number of people in second tier pensions in the UK has risen in almost every year for the past 20 years, according figures from the Department of Work and Pensions. But private pension scheme membership has seen a dramatic fall.
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News
SFIM and Denver to distribute each other’s funds
London-based Singer & Friedlander Investment Management (SFIM) and US firm Denver Investment Advisors in Colorado have entered a business development and marketing arrangement to expand institutional fund activities.
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News
Two new member firms for International Benefits Network
The International Benefits Network (IBN), a worldwide network providing employee benefits services, has announced the addition of two new member firms to its global network of employee benefit consultants.
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News
Douse departs from Watson Wyatt
Susan Douse, who ran Watson Wyatt’s Global Asset Study for the past 10 years, is moving to Schroders.
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News
Pension funds cool on new Dutch code
NETHERLANDS – The new Tabaksblat corporate governance code has received a mixed response from pension fund bodies.
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News
Watson Wyatt names head of UK investment strategy
UK - Watson Wyatt has appointed Chris Ford to the new role of head of investment strategy in the UK following a three-year secondment in the US.
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News
Somerset awards E143m in fixed income to F&C
UK – The 600 million-pound (867 million-euro) Somerset County Council Pension has awarded a 100 million-pound (143 million-euro) UK fixed income mandate to F&C Management.
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News
AP1 hires Mercer, ORTEC/Towers Perrin
SWEDEN – The first Swedish buffer fund the 127 billion-crown (13.7 billion-euro) AP1 has tapped Mercer and ORTEC/Towers Perrin as strategic advisors.
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News
State Street hires former Xerox pensions chief
UK – State Street Corp. has hired Tony Phillips, the former director of pensions at Xerox, to be head of its London-based consultant management team.
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News
Italians take to streets over pension reform
ITALY – Italians took to the streets of Rome on Saturday in protest at the government’s pension reform plans – though the government says the action will complicate matters.
