Towers Perrin launches new corporate-focused pensions practice

Towers Perrin’s new corporate pensions solutions consultancy service aims to meet companies needs’ for corporate pensions advice.

Mark Duke, the head of the corporate pensions solutions group, claims companies will need independent third-party advice to help them protect shareholder interests in light of increasing conflicts of interest between trustees and companies. This was due to deficits and untenable ongoing costs threatening the sponsoring company.