Advisers – Page 136
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News
ISIS names Currie as N. American equities head
UK - ISIS Asset Management has appointed David Currie, former head of the US desk at Edinburgh Fund Managers, as head of North American equities.
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News
Standard Life taps BoNY for fund services
UK – Standard Life Investments has awarded the Bank of New York a contract for multi-manager fund administration.
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VB’s Martin van't Zet to join Optas
NETHERLANDS - Martin van't Zet is to leave his post as head of European and fiscal affairs at the VB, the Dutch industry-wide pension association, to join Optas Management.
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Robeco to begin “active voting” as assets rise
NETHERLANDS – Robeco says it will start actively exercising its voting rights at shareholder meetings this year – and that it will put its voting record on its web site.
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Aon Consulting managing director Dyson to leave
UK – The managing director of Aon Consulting, Maurice Dyson, is to leave at the end of this month and be replaced by Robert Middleton.
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Watson hires ex-Towers Perrin consultant Newman
UK – Watson Wyatt has hired former Towers Perrin consultant Kevin Newman as a senior consultant in its healthcare and risk consulting team.
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Features
Busy times in Belgium
Pensions consultants in Belgium are doing a swift trade. The Belgian parliament approved new legislation on supplementary pension last May. The new law, which takes force in January, is far-reaching, and pension schemes have called in consultants to deal with its implications. “There’s a lot to do, and it affects ...
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Features
Scherkamp puts the clock back
Europe’s large corporates face some searching questions on their approach to pension provision, in the view of Peter Scherkamp, who recently left Siemens in Munich head of finance strategies and Vorstand of the Siemens Pension Trust to set up his own pensions consulting firm. “Chief financial officers realise that they ...
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Features
'Highly dependent on advisers'
A new report commissioned by the UK government’s pensions department says fund trustees are “highly dependent” on investment consultants. It points out that consultants’ contracts tend not to be based on formal performance assessment. “Investment consultants were involved in many different aspects of investment decision-making, and trustee boards were highly ...
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Avaya taps Orbit for UK pensions management
UK – US-based communications equipment firm Avaya has appointed Orbit Benefits to provide pensions administration in the UK.
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Towers Perrin hires two from Watson Wyatt
UK – Towers Perrin has hired two consultants from Watson Wyatt, Huck Ch'ng and David Finn.
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Dutch union critical of widows’ pensions
NETHERLANDS – Dutch labour union federation the CNV says the pensions of widows and widowers are under threat.
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UK projects 12% rise in pensioners
UK – According to government projections, the number of pensioners is set to rise by almost 12% to 12.2 million in the next 10 years.
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UK public pension numbers up and private down
The number of people in second tier pensions in the UK has risen in almost every year for the past 20 years, according figures from the Department of Work and Pensions. But private pension scheme membership has seen a dramatic fall.
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News
SFIM and Denver to distribute each other’s funds
London-based Singer & Friedlander Investment Management (SFIM) and US firm Denver Investment Advisors in Colorado have entered a business development and marketing arrangement to expand institutional fund activities.
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Two new member firms for International Benefits Network
The International Benefits Network (IBN), a worldwide network providing employee benefits services, has announced the addition of two new member firms to its global network of employee benefit consultants.
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Douse departs from Watson Wyatt
Susan Douse, who ran Watson Wyatt’s Global Asset Study for the past 10 years, is moving to Schroders.
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Pension funds cool on new Dutch code
NETHERLANDS – The new Tabaksblat corporate governance code has received a mixed response from pension fund bodies.