Hints and tips:
...Alvarez & Marsal has hired five managing directors from KPMG to form a new transaction advisory team in Australia, led by KPMG Australia’s former head of private equity David Willis....
...J Sainsbury’s refusal to sign up to the real living wage for contractors is a similar pitfall. Tensions are inevitable across industry....
...And from everything we know about what Fani Willis, the prosecutor in Fulton County, Georgia, has said and done, probably fairly quickly there....
...This helped swell their top lines: Marsh reported $17bn in revenue last year, while Aon reported $11bn and Willis recorded $9bn....
...They include J Bradford DeLong’s forthcoming Slouching Towards Utopia: An Economic History of the Twentieth Century, which analyses the years from 1870 to 2010....
...Aon and Willis announced on Wednesday that Willis would sell Gallagher assets including its reinsurance broking division Willis Re, excluding its operations in mainland China and Hong Kong....
...Royal London, LV=, Aegon, Quilter, Zurich, Prudential, AJ Bell, Vanguard and Willis Owen were some of the household names not to appear on the price comparison tool this week....
...The top three in the industry — MMC, Aon and Willis Towers Watson — will become two early next year when Aon completes its acquisition of Willis Towers Watson....
...Brands; Chubb; Santander; Dixons Carphone; Fresnillo; Lloyds Banking Group; London Stock Exchange; Metro Bank; Nichols; Persimmon; Reckitt Benckiser; WPP; French Connection; J Sainsbury Thursday Altria...
...The new number three, Arthur J Gallagher, will trail some way behind with revenues of $5bn....
...The move comes as the insurance broking industry consolidates, with Aon and Willis Towers Watson combining to become a new number one and other large brokers such as Arthur J Gallagher growing via acquisition...
...Within an infected individual “it takes time to build up B- and T-cell division and antibody production”, says Prof Altmann....
...Baroness Ros Altmann, a former pensions minister, said the SPA should be more flexible to account for differences in life expectancy....
...The judge in one recent case involving brokers Arthur J Gallagher and Ardonagh commented that one of the people involved was subject to a “frenzy of abuse” after he left....
...The head of insurance broker Arthur J Gallagher said the days of small generalists in his industry may be coming to an end....
...Willis Towers Watson and Cass Business School say shares in acquiring companies underperformed “for an unprecedented fifth consecutive quarter”, making it the worst annual performance by dealmakers for a...
...“It also raises the possibility of Aon pursuing another large acquisition, whether in insurance brokerage or elsewhere”, added the broker, which name-checked Arthur J Gallagher and Brown & Brown as the largest...
...Baroness Altmann, the former UK pensions minister, said this month that pension funding had reached “crisis point” and blamed the Bank of England’s quantitative easing policy of buying bonds....
...James Brett stepped down as chief executive of retail group J Crew. Brett took over in 2017 and was previously the boss of furniture retailer West Elm....
...Baroness Altmann, former pensions minister Start saving early and investing for the long term, rather than saving in cash....
...Baroness Altmann, a former pensions minister, has argued in favour of a double lock....
...Research from consultancy Willis Towers Watson says 55 per cent of pension scheme members, who are aged over 55 and who received advice paid for by their employer, decided to transfer....
...Willis Towers Watson said that, in the defined benefit schemes it administered, nearly five times as many members transferred out between April 2015 and October 2016 compared with the same period in 2013...
...the current legislative framework for trustees and employers to reach sensible agreements on scheme funding, which reflect each scheme’s specific circumstances,” said Graham McLean, head of funding at Willis...
...These include Aviva, Aon, B&CE, HSBC, LV=, NEST, Now: Pensions, Royal London, Standard Life, Willis Towers Watson, and Zurich....
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