Scheme sponsors are looking at new ways to entice members to leave their schemes after HM Revenue and Customs clamped down on tax breaks, PP has learned.
HMRC has closed a loophole that allowed employers to offer final salary scheme members a tax-free cash sum on top of their transfer value to leave the pension plan. The extra payments helped employers...
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.