If there were rock stars in the actuarial world, Evan Inglis would be one. A 25-year veteran of global accounting firm Watson Wyatt Worldwide, Inglis earned kudos for his work with General Motors, a longtime Watson Wyatt client, which runs the largest corporate pension plan in the world. In 2003 the 47-year-old helped the automaker issue bonds to fund a huge $18 billion pension contribution following years of chronic underfunding. Inglis joined Vanguard Group in July to help grow the mutual fund giants $400 billion-in-assets institutional business. He will help pension funds comply with changes made to the Pension Protection Act, which now requires companies to fully fund their defined benefit plans and limits the practice of averaging assets and liabilities. Vanguard wants to help Americans retire effectively, says Inglis.
I want to be part of that.