Cardano Advisory has launched new artificial intelligence technology that should help change the way covenant assessments are provided to smaller pension schemes. The technology, called Discover, utilises Cardano’s database of historical covenant...
The aggregate surplus of defined benefit schemes in the Pension Protection Fund increased in October, despite the widespread volatility in bond and gilt markets. In total the surplus of the 5,215 schemes...
Hymans Robertson has appointed Patrick Bloomfield to the role of senior actuary. Bloomfield, a former ACA chairman, has been at Hymans Robertson since 2004, becoming a partner two years later. He has...
More than 60 graduates and apprentices have joined Barnett Waddingham this year across a range of business areas. In total Barnett Waddingham has welcomed 53 graduates and 15 apprentices to its early...
There is widespread ignorance and confusion about common acronyms used across the pension industry, with just 2 per cent of UK adults knowing what ‘ESG’ stood for. Recent research showed that three...
The Pensions Regulator has published its consolidated enforcement policy, alongside a new enforcement strategy. This policy includes new powers given to the regulator under the Pensions Schemes Act 2021 and replaces three...
The influential Work and Pensions Select Committee will conduct an inquiry into the use of ‘liability driven investments' (LDIs) in the pension market. It says it wants to understand what lessons can...
Broadstone has become the latest pension consultancy firm to express concern about the new DB funding code, being proposed by the Department of Work & Pensions. In response to the DWP consultation,...
Trustees are being warned that recent market volatility, and a corresponding high volume of transactions, could make pension schemes a potential target for fraudsters. RSM UK says that schemes have, rightly, been...
The average private sector defined benefit retiree might be losing out on an annual income of £500, or roughly £8,000 over the course of their lifetime due to inflation caps, according to...
