Watson Wyatt has released an enhanced version of its VIPitech financial modelling tool for the UK bulk purchase annuity market.
The consultant launched its actuarial and financial modelling system in April 2006 but has now customised it to cater for the specific needs of the bulk purchase annuity sector. It said its system was...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.