Actuarial work ‘fundamentally different’ from audit and needs separate consideration it says
Pension schemes that have not hedged their liabilities could face funding issues as long-dated bond yields have plummeted, industry experts have warned.
Girish Menezes says we must not forget our young pension professionals and rising stars are critical stakeholders within the equation
The Local Government Pension Scheme (LGPS) for England and Wales is in a financially robust position and funds have vastly improved since 2013, according to the Government Actuary's Department (GAD).
Four trustees of Pakistan International Airlines' Retirement and Death Benefits Plan have been fined £500 each by the regulator for failing to audit accounts on time for two years in a row.
Actuaries are being called on to help speed up achievement of sustainable development goals (SDGs) by the Institute and Faculty of Actuaries (IFoA).
Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.
Quantum Advisory's Stuart Price has criticised suggestions that the richest 5% to 10% of retirees should be cut off from the state pension.
Hymans Robertson has launched an analytics service to give trustees access to more accurate and timely funding and risk data, to address issues from relying on out-of-date information.
Xafinity has named Steven Scott as the latest addition to its Stirling-based consulting actuary team.