Fledgling bulk annuity specialist Paternoster is outsourcing a range of services to Jardine Lloyd Thompson which may subsequently run them from India.
JLT will be responsible for the actuarial pricing of the new insurer’s bulk annuity products, the administration of the policies being written and the payment of the annuities to scheme members. JLT...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.