Moves to improve design of DC as membership swells; Switch from equities continues; Investors like clarity on pension liabilities; Workers slash pensions contributions in recession; Pension funds say 'retire later and give up your bus pass'; Public pensions; Barclays raids pensions to offset tax on bonuses
Moves to improve design of DC as membership swells Financial Times By 2020 defined contribution retirement plans will be more influential investment pools than defined benefit pensions, insurance companies...
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.