Current conditions in the buyout market represent an ideal opportunity for sponsors and trustees to reduce their pension liabilities, Hewitt Associates says.
The consultancy firm ex-plained recent price falls in the bulk annuity market, fuelled by new entrants to the market, coupled with insurers taking advantage of rising corporate bond spreads made the current...
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.