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Around the World News

AUM of world’s largest pension funds increases to $18.1 trillion, finds Willis Towers Watson

Assets under management (AUM) at the world’s largest pension funds increased in value by 15.1% in 2017 to reach a total of $18.1 trillion, according to the latest Global 300

News UK Pensions

Mercer puts Benoit Hudon in charge of UK wealth

Pensions consultancy firm Mercer has appointed Benoit Hudon as its new head of wealth in the UK. In his new role, Hudon will be responsible for the implementation and delivery

Around the World European Pensions News

MMGPI reveals the Netherlands and Denmark as top performers

The Netherlands and Denmark are both leading the way in offering “A”-grade, world-class retirement income systems with good benefits, according to the Melbourne Mercer Global Pension Index (MMGPI). Measuring 34

News UK Pensions

Aon comes to the aid of the AA in bulk annuity purchase

Aon has advised the AA’s pension scheme on its first bulk annuity purchase. The AA Pension Scheme is undertaking a gradual de-risking programme. As part of this approach, it has

Around the World News

The Bank of New York Pension Plan appoints Hymans Robertson to advisory role

The trustees of The Bank of New York Pension Plan have chosen Hymans Robertson, to provide defined contribution investment advice to the £450 million plan. According to Hymans Robertson, the

European Pensions News

Marsh to acquire JLT

Marsh has agreed a $5.6 billion (£4.26 billion) deal to buy Jardine Lloyd Thompson (JLT) Group. The deal prices JLT’s shares at £19.15 each. Marsh said the transaction will be

Around the World News

US climbs Western Europe-dominated Natixis Global Retirement Index

The US moved up one spot in the Natixis Global Retirement Index to 16th, but fell well short of Western European countries such as Switzerland and the Netherlands, which continue

News UK Pensions

B&CE brings in Redbond as IT director

B&CE, provider of The People’s Pension, has appointed David Redbond as its new director of IT. Redbond joins B&CE with a wealth of experience, having worked in a number of

News UK Pensions

TPR uses new enforcement powers for first time

Fraudsters, poorly performing trustees and rogue employers are being tackled through the use of a wider range of The Pensions Regulator’s (TPR) powers. TPR’s latest quarterly compliance and enforcement bulletin

News UK Pensions

FCA and TPR warn public of pension scammer tactics

The Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) have launched a new campaign to tackle pension scams, as the latest figures reveal that victims of pension scammers lost