UK/EUROPE - Pension problems faced by the UK are common across the whole of Europe, says government actuary Chris Daykin in a book published this week.
The book – entitled Pension Systems: The EU and Accession Countries Lessons for the UK – analyses the way European countries tackle pensions and the lessons the UK can draw from them.
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.