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NewsFriday people roundup
International Accounting Standards Board, Royal London Asset Management, HSBC Global Asset Management, Willis Towers Watson, Willis Group Nederland, Stockholm School of Economics, AP7
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Willis snaps up Ireland's Coyle Hamilton
IRELAND – Global insurance broking giant Willis Group has reached an agreement in principle to buy Coyle Hamilton, Ireland’s leading broker and risk management consultancy.
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Willis pension scheme strikes £1bn longevity hedge with Munich Re
Transaction is Willis Pension Scheme’s first step to ensure members’ benefits are secured against future improvements in life expectancy
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US pension fund sues Willis Towers Watson over merger
Massachusetts-based scheme claims Towers Watson shareholders were misled
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Aon ‘not pursuing merger with Willis Towers Watson’
Consultancy giant confirms it had considered ‘potential opportunities’ with rival company
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People moves: Brookfield gets Carney; Redington completes board
Brookfield, Redington, Neuberger Berman, Mercer, GCM Grosvenor, Schroders
Rockspring acquires Manchester office building for £16 million
Rockspring Property Investment Managers LLP, on behalf of a separate account mandate, has acquired The Chancery, an office building in Manchester, for £16 million, reflecting a net initial yield of 6%, from clients of Aberdeen Asset Management.
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Letter from the US: Battle of the benefits
Obama’s healthcare reform will be the biggest new law affecting US companies in 2013. But will it have an impact on pension funds? Healthcare and retirement benefits are managed separately, but a change in costs for the former will eventually affect the latter.
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Government takes protectionist position
By establishing the National Implementation Body to solve pension disputes, the Irish government has shown empathy with employees, writes Joe Byrne
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