The many cogs of a pension scheme wheel can cause distress for trustee boards. However, none can often provide the complexity and stress than dealing with a member's lump-sum benefit after an untimely death.
Although not often, trustee boards can be plunged into a world of data gathering, family feuds and ‘playing god' with regards to who benefits from a member's pension. The first thing to be taken into...
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.