Association of Consulting Actuaries chairman Stuart Southall has defended valuation methods against claims they rely on "fundamentalist theory".
In a letter to the Financial Times today, Southall (pictured) responded to an early letter sent to the paper by economics professor Dennis Leech who claimed actuaries used inadequate methods to value assets....
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.