Trustees have been urged to publish the funding level of their defined benefit schemes on their websites in order for the market to fully understand the true value of companies.
Cazenove head of accounting and valuation research Peter Elwin polled trustee delegates at the NAPF investment conference and found only a quarter currently published this kind of data on their website....
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.