A trend whereby insurers are providing fewer buyout quotations for smaller schemes has accelerated since the end of 2015, according to JLT.
The consultant's Buyout Market Watch for Q2 of 2016 found despite a volatile market environment demand for bulk annuities remained high. However, some smaller schemes have been struggling to get insurance...
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.