Stewart Patterson has been appointed to represent the Institute and Faculty of Actuaries (IFoA) on the Incentive Exercise Monitoring Board (IEMB).
Patterson (pictured above) is head of liability management at Willis Towers Watson and takes up his position immediately. He replaces Alan Howard who worked at AonHewitt and is now group pensions actuary...
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.