LLOYDS TSB has implemented asset liability management software in a bid to assess the risk of its pension schemes and design long-term investment strategies.
The financial services and banking firm licensed the software – provided by ORTEC, and called PALM – after a thorough evaluation of available asset liability modelling systems. It said that it chose...
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