Demand for buy-ins is set to triple over the next decade as more defined benefit (DB) schemes look to offload their liabilities to insurers.
Inflation measured on the Consumer Prices Index (CPI) increased to 0.6% in the year to July 2016 according to the Office for National Statistics (ONS).
The combined defined benefit (DB) deficit has reached another all-time high on the back of further gilt yield falls following setbacks in the central bank's bond buying programme.
This week's biggest stories included Lloyds' trade union taking legal action over GMP equalisation, a same sex partner benefits appeal case, and asset managers arguing hidden fees are the 'Loch Ness Monster of investments'.
Sarah Steel has been appointed senior new business consultant at Hymans Robertson, after leaving Aon Hewitt.
Trustees feel overloaded and need better support to make more timely decisions, research from Aon Hewitt has revealed.
Defined benefit liabilities have risen by an eye-watering £70bn on the back of the Bank of England's (BoE) decision to cut interest rates and launch a new round of quantitative easing (QE).
Hymans Robertson has appointed Ian Smith as head of distribution to focus on sales of the consultancy's guided outcomes (GO) technology.
Club Vita has joined forces with Legal & General (L&G) to make longevity insurance solutions more accessible for smaller defined benefit (DB) pension schemes.
As part of our series looking at what firms did to win accolades at the UK Pensions Awards 2016, PP speaks to Hymans Robertson third-party administration practice leader Tracy Weller about how the firm won the TPA of the Year category.