The Financial Reporting Council (FRC) has published a consultation to revise Technical Actuarial Standard 300 (TAS 300) and introduce Technical Actuarial Standard 310 (TAS 310), aimed at ensuring the actuarial standards in relation...
Despite the increase in activity in the risk transfer market, any schemes still have some way to go on their de-risking journey, according to a recent survey by pensions law firm Sackers. ...
The aggregate surplus of defined benefit schemes continued to increase through April, rising from a surplus of £359.3 billion at the end of March to £378.6 billion, according to the latest industry...
The Pensions Regulator is writing to trustees at hundreds of pension funds asking them to ensure members' information has not been compromised following a data hack at scheme administrator Capita. Capita —...
The Pensions Regulator (TPR) has pushed back the publication of its new defined benefit funding code until April 2024. This new code was initially due to be be finalised and implemented in...
Actuaries advising UK-defined benefit pension schemes at times fail to adequately express the sponsor's objectives in financing advice, according to the Institute and Faculty of Actuaries (IFoA). The thematic assessment on corporate...
Broadstone has launched Broadstone100 which will provide an integrated and cost-effective solution for trustees and employers to manage their small and mid-sized DB pension schemes. It brings together all the core actuarial,...
The Pensions Regulator (TPR) has published equality, diversity and inclusion guidelines for trustees, IGCs and employers. The regulator says it hopes the will be used by pension scheme governing bodies to improve...
There has been a “quantum shift” in the number of bulk annuity transactions being carried out, with increased activity in 2022 reflecting the improved financial position of many DB schemes and a wider...
Total pension scheme buy-in and buy-out volumes reached £27.9 billion in 2022, with demand remaining high despite rising interest rates and market volatility. The latest figures from Hymans Robertson’s Risk Transfer Report...
