Profund Solutions News Today : Breaking News, Live Updates & Top Stories | Vimarsana
People Moves: Week ending Friday 5 April 2024
professionalpensions.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from professionalpensions.com Daily Mail and Mail on Sunday newspapers.
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 members in the world of pensions.Download
Find whitepapers
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 firm s scale and delivery functions.
Related articles
Profund Solutions has a client base of more than 100 third-party administrators (TPAs) and individual schemes.
The acquisition of Profund further strengthens ITM s position as a strategic partner for pension schemes and TPAs, continuing to support the firm s vision of delivering a rich set of enhanced independent data and administration management software and data-driven platform solutions for both defined benefit and defined contribution s
vimarsana © 2020. All Rights Reserved.