Actuaries and trustees hit out at strategy statement proposal & more…Keep up with what has been happening this week in our latest IP news round-up…

Former MD of Quattro Pensions joins First Actuarial

Andrew Allsopp, an actuary with more than 20 years’ director-level experience, has moved to First Actuarial. Formerly Managing Director of Quattro Pensions, Andrew has advised on schemes ranging in size from £1m to £2bn.

WTW to launch dedicated Private Equity LTAF

WTW has today announced its proposal to launch a private equity-focused Long Term Asset Fund (LTAF), subject to FCA approval.

Aon completes acquisition of NFP

Aon have announced that it has completed the acquisition of NFP, a leading middle market property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, from funds affiliated with NFP’s main capital sponsor, Madison Dearborn Partners (MDP), and funds affiliated with HPS Investment Partners for an enterprise value of $13.0 billion, including $7.0 billion cash and assumed liabilities1 as well as $6.0 billion in equity in the form of 19.0 million Aon shares.

Actuaries and trustees hit out at strategy statement proposal

Actuaries and trustees have criticised The Pensions Regulator’s (TPR) proposed Statement of Strategy (SoS) over its huge data requirement, questioning why it needs such detail.

Applications are now open for the Worshipful Company of Actuaries’ Bursaries and Prizes

The Worshipful Company of Actuaries is now accepting applications for bursaries and two prizes for Queen Mary students entering their final year in September 2024.