UK - The £970m (€1.52bn) Derbyshire County Council Pension Fund has tendered for the supply of actuarial services, until now managed by Mercer Human Resource Consulting.
 
The three-year contract will go to "the most economically advantageous tender", the county in Northern England said.
 
The fund is required to obtain an actuarial valuation of the fund every three years, which is due at the end of March next year.
 
For this, the Council needs to appoint an organisation that provides actuarial services.
 
The deadline for receipt of tenders or requests to participate is September 11.

Elsewhere, consulting firm Higham Group has rebranded to become Higham Dunnett Shaw Plc.
 
The move follows Higham's acquisition of Dunnett Shaw in February last year, subsequent to Higham's conversion from a partnership to a public company in January that year.
 
Though Higham was following a course of  "organic growth", the merger with Dunnett Shaw was a move to help consolidate the companies' services.
 
The rebranding is the latest step in the joining of forces of the two consultancy firms, "marking a natural progression in the company," according to Higham Dunnett Shaw chief executive Jocelyn Blackwell.
 
"The move at this time makes more sense in terms of the market," added spokesman Richard Owen. "Higham was known for its service delivery and Dunnett Shaw for its pensions consultancy. Since the merger we are servicing the whole of the decision process and not just parts of it."
 
Until now the businesses traded under individual brand names; however, the move to a single brand "positions the company for growth in its existing markets," the firm said.
 
As a consequence of the rebranding, HDS will offer new services in terms of customer management and pensions administration, which will be announced over the next few months.

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