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PIC installs Dominic Veney as chief actuary

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has appointed Dominic Veney as chief actuary and member of its senior management team. Veney, who takes over

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Boal & Co offers new pension product

Pensions provider Boal & Co has launched a new product aimed at taking advantage of the Isle of Man’s pension freedom reforms. The Isle of Man government relaxed its rules

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US state plans facing massive funding gap, says The Pew Charitable Trusts

US states are facing a rising pension funding gap, with the deficit standing at an eye-watering $1.4 trillion (£998.62 billion) as of 2016, according to The Pew Charitable Trusts. The

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AustralianSuper eyes European investments with new hire

AustralianSuper has signalled its intent to expand its investment opportunities in European markets with the appointment of Damian Moloney. As the superannuation scheme’s head of investments in Europe, Moloney will

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Hymans Robertson appoints Alistair Russell-Smith as head of corporate defined benefit practice

Pensions and risk consultancy Hymans Robertson has named Alistair Russell-Smith as head of its corporate defined benefit practice. Russell-Smith, who joined Hymans Robertson in 2000, has been a partner for

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JLT Employee Benefits rolls out buyout comparison service

JLT Employee Benefits has launched a new buyout comparison service and monitoring tool that allows companies and trustees to receive regular bulk annuity quotations from insurers in the marketplace. The

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Willis Towers Watson: IPPs and ISPs reach record levels

A record number of international pension and savings plans (IPPs and ISPs) were set up last year, according to Willis Towers Watson, as employers strive to meet the savings needs

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Lehman Brothers Pensions Settlement

£675m bulk annuity deal between Rothesay Life and Lehman Brothers Pension Scheme Trustees Transaction highlights: Rothesay Life assumes pension liabilities for all defined benefit pension scheme members of the Lehman

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NAPF and Chicago Booth business school offer pensions leadership course

The National Association of Pension Funds (NAPF) and The University of Chicago Booth School of Business (Chicago Booth), have partnered to deliver a unique leadership programme for senior executives within

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Mercer announces global assets under management reaches $115 Billion USD

Mercer has announced its global assets under management (AUM) grew to $115 billion USD at the end of 2014, increasing from $86 billion USD at the end of the prior year.