Aegon AM to acquire NIBC’s European business & more…Keep up with what has been happening this week in our latest actuary news round-up…

XPS Pensions Group promotes eleven new Partners

XPS Pensions Group has promoted eleven new partners and over 150 people across its actuarial, pensions, investment, administration, SIPP and analytics businesses. The promotions have been made across all 16 XPS locations in the UK and became effective on April 1st 2023.

Aegon Asset Management to acquire NIBC’s North Westerly European CLO business

Aegon Asset Management agreed to acquire NIBC Bank’s North Westerly European collateralised loan obligation management business in a move to strengthen its alternative investment capabilities, a spokesman confirmed.

Isio Scotland bolsters senior actuarial team

Isio has welcomed two new senior hires in Scotland to support the growth of its trustee actuarial services and public service consulting teams as the firm continues to expand its offering across its Glasgow and Edinburgh offices.