GOVERNMENT support for the development of a simplified regulatory regime for risk sharing pension schemes would kick-start the growth of good workplace schemes, the Association of Consulting Actuaries says.
Speaking at the annual dinner of the ACA last night, chairman Ian Farr said that the industry was seeing the “widespread transfer” of all the investment and longevity risk from the employer to the employee...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point