Could 'black box' thinking solve DB problems?
The Pensions Institute says the aviation sector's constant evaluation of mistakes to improve safety should be applied to pensions. Stephanie Baxter considers the report's findings
Is the pensions industry more like aviation or healthcare? This rather unusual question is at the heart of thought-provoking research from the Pensions Institute. It argues the industry is too similar...
More on Defined Benefit
IFoA issues CDC call to government in bid to rebalance risk
The Institute and Faculty of Actuaries (IFoA) has urged the government to tackle social care reform and to support alternative structures, such as collective defined contribution (CDC) schemes, to rebalance the risks facing individuals.
KPMG restructuring and covenant business rebrands as Interpath Advisory
The former restructuring advisory and employer covenant business of KPMG has rebranded and launched as Interpath Advisory.
PLSA welcomes government TCFD extension plans
The Pensions and Lifetime Savings Association (PLSA) has welcomed the government’s intention to extend the scope of the Taskforce for Climate-related Financial Disclosures (TCFD).
Five stories you may have missed
This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.
Bank of England holds rates amid stronger growth and inflationary outlook
The Bank of England’s monetary policy committee has voted unanimously to hold its key interest rate at 0.1%, with the central bank now forecasting a stronger outlook for GDP growth and inflation.
