The Bank of England's Monetary Policy Committee (MPC) has voted to hold interest rates at 0.5% on the back of weaker-than-expected economic data.
Although there was dissent once again from hawkish MPC members Ian McCafferty and Michael Saunders, the other seven members voted to maintain rates at 0.5%. The MPC said it expected inflation, which...
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.