The Actuarial Profession has revised its guidance on how actuaries should manage conflicts of interest when advice is provided to both trustees and sponsorting employers.
The revision to Actuarial Practice Standard APS P1 - which will take force from 1 July 2013 - will restrict the advice which can be given to sponsoring employers by the individual who is the scheme actuary...
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how