Trustees must get to grips with scheme pays requirements and quickly identify administration changes needed to run the new annual allowance regime, Punter Southall says.
The consultant said while employers had already been dealing with the changes - which come into force with the start of the new tax year today - trustees also had responsibilities. Punter Southall head...
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.