An increase in long-term inflation expectations has increased FTSE350 defined benefit liabilities by around 3%, according to Mercer.
The Mercer Pensions Risk Survey showed liabilities rising to £575bn in October from £560bn a month earlier. Assets rose marginally by £2bn to £520bn. This left IAS19 deficits at £55bn in October from...
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.