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Unilever enters into buy-in with Legal & General on expatriate fund
trueUniac Pension Fund agreed to a buy-in with Legal & General Group to insure £129 million ($208.5 million) of liabilities.
Panasonic completes pension fund buyout for U.K. unit
truePanasonic Systems Networks Co. U.K. Ltd. Pension and Life Assurance Scheme completed a buyout with Rothesay Life.
PiRho selects pool of fiduciary managers for pension fund clients
truePiRho Investment Consulting chose BlackRock, Legal & General Investment Management and MN to provide fiduciary management services as part of its new offering for small- and medium-sized pension funds, said Des Hogan, investment consultant at PiRho.
Buck Consultants taps DC head for the U.K.
trueSue Curley joined Buck Consultants as head of defined contribution trust based services in the U.K., said a spokeswoman.
EIOPA chairman calls for more governance, transparency
trueA simpler set of products from the pensions industry could lead to less stringent regulation, said Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority.
Mercer's fiduciary management head to join Winton Capital
trueDaniel Melley will join London-based hedge fund Winton Capital Management, said a spokesman for the firm.
U.K. pensions minister addresses charge cap at NAPF conference
trueThe U.K. government will launch its command paper Friday setting out details of how it will cap charges on default pension plans, said Steve Webb, minister for pensions.
U.K. Pensions Regulator prepares for smaller companies to start auto enrollment
trueThe U.K.’s pensions watchdog expects to be forced to increasingly exercise its statutory powers against employers that fail to comply with automatic enrollment requirements as small businesses prepare to enter the process.
Mercer's U.K. head of fiduciary management resigns
trueDaniel Melley resigned from Mercer as partner and U.K. head of fiduciary management, said a spokesman for the consultant.
Ofcom completes total pension buy-in with Legal & General
trueOfcom, London, agreed to the final pension buy-in with Legal & General in a series of deals over the past six years to cover all £250 million ($398.7 million) of pension liabilities across its two pension plans.
NAPF chairman wants more clarity on U.K. DC savings changes
trueThe U.K. government must communicate with the industry and clarify issues around its pledge to increase freedom and choice in defined contribution plans to help the money management and pensions industry in general to avoid causing "fear and confusion," says the National Association of Pension ...
Geldof makes case at NAPF conference for new areas of pension fund investment
trueThe case for investing in new markets and asset classes is stronger than ever, given "ridiculous" bond yields, said Sir Bob Geldof, musician, business entrepreneur and political activist.
U.K. pension funding shortfall drops 2.4% in September
trueThe aggregate deficit of occupational pension funds in the U.K. Pension Protection Fund’s 7800 index decreased 2.4% to £166.5 billion ($265.2 billion) in September.
New Alan Howard series snags powerhouse speakers
trueWhere can Londoners go to hear the likes of Ben Bernanke and Larry Summers give their views on the economy? To the new heart of the U.K. capital's Jewish community.
DC plan provider challenges British field hockey players
trueTwo members of the Great Britain men's field hockey team took on one of their toughest challenges yet: dribbling a hockey ball up and down the three highest peaks in Scotland, England and Wales.