Resolution has dismissed claims by minority shareholder Pearl Assurance that the proposed merger with Friends Provident is poor value.
Under the proposed all-share merger, the newly-named Friends Financial will have just under 10 million customers; a combined embedded value of £7.9bn; assets under management of £165bn and a combined operating...
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.