A large part of the industry has slammed the government's announcement preventing private sector schemes the power to override scheme rules enabling a shift from RPI to CPI indexation.
The Institute and Faculty of Actuaries president has urged members to change the pace of industry development and define an actuary's role in business.
UK - Risk transfer deals are expected to be well in excess of £1bn ($1.6bn)in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.
Risk transfer deals are expected to be well in excess of £1bn in the fourth quarter on the back of improved market conditions and indexation changes, industry experts say.
This month the panellists discuss the impact of unemployment and reduced spending, the future of the spread between prime and secondary properties, the long-term prospects of UK property, and their views on property debt opportunities
Hymans Robertson has strengthened its pension consultancy offering with the appointment of Mark Baker as senior investment consultant.
Scheme funding arrangements driven by special purpose vehicles are gradually becoming more accessible to smaller firms, consultants say.
The pensions industry has delivered a positive verdict on Lord John Hutton's interim report on public service provision.
The £9.6bn Strathclyde Pension Fund has begun talks with council leaders and officers over the possibility of amalgamating the 11 Scottish local authority schemes.
Industry pressure is growing on Lord John Hutton to include a career average structure as part of a new public sector ‘hybrid' scheme.