Deadlock over changes to the Universities Superannuation Scheme could end up in the High Court after the scheme confirmed it was seeking legal advice to resolve the issue.
The scheme is currently at an impasse over plans to move to a career average structure for new entrants after the University and College Union refused to attend a meeting of the USS Joint Negotiating Committee...
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.