Mercer debuts AI tool to predict DB outcomes
Defined benefit (DB) pension schemes will be able to predict the outcome of member options exercises using artificial intelligence (AI), says Mercer.
The consultancy giant has launched an AI tool that contains a machine-learning algorithm from anonymised data from completed member options exercises, alongside the scheme's own data. The tool then...
More on Defined Benefit
DB funding - November 2020: Run-off schemes could 'wipe out' deficits by dropping gilts approach
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the November 2020 estimates on the various measures…
Aon flags pension scheme woes ahead of corporate insolvency protection lift
Pensions schemes with sponsors facing severe economic difficulties due to Covid-19 must prepare for the lifting of temporary protections from corporate insolvency at the end of the year, Aon says.
Lady Green brings forward £50m DRC as The Pension Superfund eyes Arcadia schemes
Lady Tina Green has agreed to pay a £50m deficit recovery contribution (DRC) to Arcadia’s pension schemes earlier than scheduled.
Purple Book reveals scheme funding has worsened, but PPF remains confident of success
Scheme funding in the defined benefit (DB) universe has worsened, but the Pension Protection Fund (PPF) remains confident it can tackle the challenges ahead, it says as it launches its 2020 Purple Book.
Debenhams schemes remain in PPF assessment after rescue attempt fails
Debenhams’ pension schemes are continuing in Pension Protection Fund (PPF) assessment after administrators failed to rescue the company from collapse.
