Hints and tips:
...BlackRock separately said it wanted the FRC to be given greater powers to investigate all company directors, including those who are not registered accountants or actuaries — something the regulator has...
...Kalpana Shah Partner and chief actuary, Hiscox 73. Nilufer von Bismarck Partner and head of equity capital markets, Slaughter and May 74....
...John Ehrhardt, a principal and consulting actuary at Milliman, explains: “As interest rates come up, it will reduce the cost of maintaining these plans.”...
...● Buck Consultants has appointed Tony Winterburn of Aegon as senior consulting actuary to lead its de-risking effort in the UK....
...Pimco also hired Janki Tanna as a product associate from Mercer Investment Consulting....
...Almost all began life as firms of actuaries. Few great investors carry this qualification....
...I was reminded last week of a book I reviewed two years ago called Worry-free investing, by Zvi Bodie, a professor at Boston University, and Ian Sykes, a consulting actuary....
...● Schroders’ institutional business has appointed actuary Margaret de Valois as a client director....
...Aon Consulting says it knows at least one “substantial” UK company that has suspended pension contributions....
...“What we won’t see is a nice smooth trend upwards,” said Paul Belok, principal and actuary at Aon Consulting, which has compiled a report on the bulk annuity market....
...“At least one client has started using them in the last 12 months,” says Naomi Denning, head of investment consulting in Asia Pacific for Watson Wyatt, based in Hong Kong....
...However, that has sparked an outcry from employers’ groups and the actuaries who advise them because it would show that schemes are less well funded than they are now....
...“You will find [that over] these next several months, consulting actuaries, corporate financiers specialising in life and pensions and mergers and acquisitions boutiques are going to be extremely busy,”...
...Paul Belok, partner and actuary at Aon Consulting, argues that most schemes cannot afford a traditional buy-out and this is being exploited by the secondary market....
...All these firms benefit from the region’s preponderance of qualified actuaries. There is also plenty of choice of providers in chartered surveying and property consulting....
...Aon Consulting, which tracks the 200 largest pension schemes, says it is the first time companies have been able to show a surplus since the vexatious pension accounting standard, FRS17, was introduced in...
...“Our real competition is the old investment model – the combination of consultants, actuaries and big brand name fund managers.”...
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