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Around the World News UK Pensions

LV= names new leaders of protection and retirement solutions and heritage

Insurer LV= has appointed new leaders of its protection and retirement solutions and heritage businesses. Debbie Kennedy has been put in charge of protection at LV=, while Clive Bolton takes

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deVere Group names new global head of fintech

Financial adviser deVere Group has named former Revolut country manager Dimitris Litsikakis as its new global head of fintech. The initial focus of Litsikakis, who starts with immediate effect and

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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

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

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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

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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

Around the World News UK Pensions

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