The number of people saving into an occupational scheme has fallen by around 500,000 since 2010, according to figures from the Department for Work and Pensions (DWP).
The decline in savers was similar for both men and women at around 300,000 between 2010 and 2012, with those aged 35 to 44 accounting for around half of the total decrease in membership. Although the...
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.