PwC has signed up the majority of insurers involved in the bulk annuity market to its Skyval Insure platform in a bid to make pricing easier for corporates and trustees.
Transfers from defined benefit (DB) to defined contribution (DC) schemes as a result of changes introduced in the Budget could cut £15bn from FTSE 350 scheme liabilities, says Hymans Robertson.
The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.
Plummeting bond yields have contributed to a £70bn increase in FTSE350 liabilities since the end of last year and a £20bn increase in deficits, Towers Watson warns.
Speaking at the NAPF Annual Conference yesterday, Bob Geldof, explained to delegates why, after 40 years in rock ‘n' roll, he had landed up speaking to a bunch of pension geeks.
PP looks at some gloomy figures for the global economy
The FTSE has opened 1% higher as it begins to recover from its worst one-day fall in 16 months.
Do alternatives really deliver what they promise?
The bulk annuity market will hit £20bn in the next few years, driven by growing appetite from insurers and the maturing of defined benefit (DB) schemes, says KPMG.
The industry has been urged to embrace new asset classes and retirement income freedoms by Sir Bob Geldof.