UK pension schemes plan to further cut their exposure to domestic equities at a time when allocations are already at historic lows, an Aon Hewitt survey found.
In the 1990s, schemes were dominant players in the UK stock market and used equities as the main engine to generate returns. But since the turn of the century, UK schemes have slashed average equity...
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.