The Actuarial Profession has revised down its life expectancy projections for older people after recording slower than expected improvements in mortality rates over the last decade.
When applied to a standard scheme membership model, the projections equate to a 7.5% drop in life expectancy for a male scheme members aged 95 who can now expect to live for another 3.08 years. Although...
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.