Advisers – Page 163
-
News
Barnett Waddingham announces new partners
UK- Independent actuarial partnership Barnett Waddingham has announced the appointment of two new partners and seven associates.
-
News
SwissAir names five sub-fund managers for e600m
SWITZERLAND- SwissAir has announced the names of managers appointed to run e600m in five sub-funds belonging to the recently restructured pension scheme. The fund has appointed managers to five mandates, each valued at approximately e120m.
-
News
UK fund and Mercer agree performance-related fees
UK – The £500m (€803m) Caterpillar pension fund has struck a new performance-related fee structure with its advisor Mercer Investment Consultant. The new arrangement covers both manager selection and strategic advice and is in response to the Myners Review recommendation that trustees should consider a formal assessment of their consultants.
-
News
Rentokil fund to undergo full ALM study
UK – The £600m (€691m) UK pension plan of Rentokil Initial, the hygiene and pest control company, is undergoing an actuarial review that is likely to lead to a full asset liability study later in the year.
-
News
Punter Southall acquires pension consultant BGJ
UK – London-based pensions management and actuarial consultants Punter Southall has acquired pensions consultancy firm, BGJ. BGJ was founded in 1993 and specialises in the corporate pensions market, offering advice on all aspects of corporate pensions to both companies and individuals.
-
News
New Swedish government fund angers employers
SWEDEN- A new collectively-agreed supplementary pension scheme for 220,000 central government workers in Sweden has angered employers, who fear it will encourage private sector employees to press for higher employers’ contributions to their own schemes.
-
News
Meijer builds back office for European schemes
NETHERLANDS- Former Shell pension fund treasurer Robert Meijer is launching an integrated back office system for pension funds in Europe. Meijer, now an independent consultant, along with an IT company, an accountancy firm and a software house began developing the system two months ago.
-
News
Hymans Robertson names new partners
UK- Actuarial and consulting firm Hymans Robertson has announced the appointment of five new partners: David Bowie is head of quantitative analysis in the firm’s investment practice and has been with Hymans since 2000 when he joined from the WM Company.
-
News
Mercer presses for change to pensions regulations
UK- Mercer Human Resource Consulting is urging the government to introduce radical changes to taxes and regulations governing both public and private pension provision.
-
News
Luxembourg's first SEPCAV closes
LUXEMBOURG- Luxembourg’s first SEPCAV has closed after two years having failed to raise any funds. Launched at the end of 2000, Alliance Pension Fund (APF) was a partnership between the consultants Barnett Waddingham, Banque Generale du Luxembourg and Alliance, the Dubai-based insurance company.
-
News
Dresdner RCM promotes Doyle to consultant role
UK – Dresdner RCM Global Investors has promoted Frank Doyle as head of global consultant relations, with Eilish O’Hagan taking over Doyle’s previous position as head of institutional sales, UK and Ireland.
-
News
EC directive will not complete in next six months
EU member states have come closer together in recent months in their positions about the EC’s proposed pensions directive, said Jean-Yves Muyelle of the commission. “However, there is not as yet agreement among them,” he added.
-
News
Belgian minister sets 2003 pension law deadline
BELGIUM- The Belgium ministry of finance has said that the country’s new occupational pensions legislation will be passed and in place by the beginning of next year.
-
News
Lothian seeks manager for e130m mandate
UK- The £1.9bn Lothian pension fund is looking for a manager to oversee a new £80m (e130m) global equity mandate. The decision follows a structural review of the fund last year by consultant Hymans Robertson.
-
News
Mercers launches online custody database
UK- Mercer Investment Consulting has launched an internet-based global custody database that it says will produce a more up to date and efficient source of information for pension plans, foundations and investment managers.
-
News
Alsma named as general secretary of OPF
NETHERLANDS – Meindert Alsma has been named as the new general secretary of The Hague-based OPF, the Dutch pension fund association, following the departure of Nico Obolonsky who left the association in March to concentrate on his career in insurance.
-
News
Jobling is new CAPS UK and Europe marketing head
UK- Information provider Russell/Mellon CAPS has appointed Richard Jobling to the newly-created position of head of sales, marketing and relationship management for UK and Europe.
-
News
UK pension funds view private equity as 'trouble'
UK- The flight of UK pension funds from equities into bonds has dashed hopes that schemes would increase their investment in private equity, according to a senior pension fund consultant.
