Xafinity

HR Trustees has appointed Giles Payne as a director of the company.

The merger between Aon Consulting and Hewitt Associates marks yet another step in industry consolidation.

Xafinity has bought PricewaterhouseCoopers' scheme actuary, pensions administration and investment consulting business for an undisclosed sum.

Corporate pension schemes could face a deficit of £362bn at the end of the year, Xafinity Corporate Solutions predicts.

As more administrators adopt straight-through processing, Laura Blows explores STP's growing importance and how best to implement the process