An industry taskforce aimed at boosting innovation in the finance industry to enhance the profitability of social impact investment has been commissioned by the prime minister.
The taskforce is to be led by Allianz Global Investors vice-chair Elizabeth Corley, and according to the release, will work on "generating a faster rate of innovation in the financial services industry...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.