WATSON Wyatt partner Ian Farr has been elected chairman of the Association of Consulting Actuaries.
Farr, who succeeds Adrian Waddingham, will take up his post from June 1. Farr said the coming months would be “extremely testing” for employers and pension scheme trustees. He added: “My and the...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).