The current pensions tax system is "entirely incompatible" with scheme designs that could be introduced under the Pensions Schemes Bill, Association of Consulting Actuaries (ACA) chairman David Fairs has warned.
Speaking at the ACA's annual dinner on 26 November, Fairs said he was concerned that the speed of change may be too much and too soon for the industry. He also called for a simpler tax system following...
PTL has appointed Karein Davie as a client director in its Birmingham office.
The level of interest rate hedging increased to £29.5bn of liabilities in the second quarter as pension funds continued to de-risk, according to BMO Global Asset Management's research.
UK inflation has risen for the first time since November to 2.5% in July, up from 2.4% in June, thanks to rising fuel costs and the price of computer games.
The number of DB pension scheme trustees targeting a buyout with an insurer has increased significantly in the past five years, latest research from Willis Towers Watson shows.