The Actuarial Profession has published a revised framework for use of discount rates in actuarial work following a two-year research and consultation project.
The professional body said it was making the changes in a bid to help actuaries, their clients and all those affected by actuarial calculations. Discount rates are crucially important to the calculation...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.