The Actuarial Profession has issued a briefing note explaining how with-profits policies work.
The 16-page document has been produced by the profession’s Life Board and examines in detail traditional non-pension endowment policies and explains how bonus rates on endowment policies are determined...
A handful of industry heavyweights have begun trialling a so-called 'mid-life MOT', with positive initial results reported by all those involved.
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.