Profund Solutions News Today

It has been yet another busy 12 months of challenges and changes for pensions. Below, we look back at our top ten industry news stories of 2021.

So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money, says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme...

Exclusive: ITM acquires Profund Solutions from Mercer The acquisition will provide ITM with new offshore development ITM has acquired the products and assets of Profund Solutions from Mercer. The firms will collaborate to create a "platform of scale" in the pensions industry, offering a broad range of capabilities to deliver value to clients and across the entire pensions market. The acquisition will also provide ITM with new offshore development and support capabilities to enhance the firms sc...