Nissan Motors has appointed Mercer as global retirement consultant in a bid to strengthen its pensions governance structures.

Strong equity performance spurred a median 20.5% return for pooled balanced funds during 2009, latest BNY Mellon Asset Servicing CAPS figures reveal.

Towers Watson has expanded its investment team with six new hires.

Marine services provider Inchcape Shipping Services has agreed a £15m insurance buyout deal with Pension Insurance Corporation for its defined benefit pension scheme.

The Universities Superannuation Scheme has boosted its global emerging markets team with three hires.

Penfida has made three appointments in response to growing demand from pension trustees.

Partha Dasgupta has been named as the new chairman of The Pensions Advisory Service.

The confusing nature of UK pensions is damaging competitiveness and could stymie the recovery from recession, top industry figures warn.

Hermes Equity Ownership Services has established a private equity service with the hire of Tom Rotherham as associate director for private equity.

The number of schemes putting contingent assets in place jumped by 30% to 587 in 2009/10, data from the latest Purple Book reveals.