DB funding continue to improve in June, thanks to rising asset values, although economic uncertainty could act as a brake on this positive trend. This was demonstrated with the aggregate surplus of...
More than half of DB schemes now offer additional retirement support and flexibility on income options accordiong to Aon’s latest market insight report. In addition, it found that 30 per cent of...
Barnett Waddingham has submitted the first actuarial valuation under the new regulatory regime for DB schemes. The consultantcy completed the assessment for The Pension and Life Assurance Plan of the Royal Society,...
The UK bulk annuity makes is enjoying the most favourable pricing for two years, according to consultancy firm Aon. It says this is due to a number of factors, the most important...
Trustees, consultants and insurers have launched a new industry body, aimed at supporting schemes facing critical ‘endgame’ decisions. The Endgame Perspectives Group (EPG) is a cross-sector initiative that also includes administrators and...
More than half of pension schemes see potential in the new DB surplus rules but say it’s too early to tell how impactful they’ll be, according to a recent poll at an...
Broadstone has acquired ExactVAL in order to strengthen its position in the competitive bulk purchase annuity market. ExactVAL offers actuarial valuations and cashflow analysis services for defined benefit schemes, enabling life insurers...
Three out of four defined benefit trustees say they intend to adopt the new statutory override, giving themselves the power to distribute surplus funds — according to new research. The research also...
Capital Cranfield has appointed former head of DB solutions distribution at LGIM, Lisa Purdy, as professional trustee. Purdy has 20 years of experience spanning actuarial, investment consulting, asset management and insurance. At...
The BT Pension Scheme has appointed Matt Davies to be its trustee director. Davies succeeds Emily Clark who, having left BT, stepped down from the trustee board. Davies is chief finance officer...
