The defined benefit (DB) regulatory framework is too rigid and needs to be made adaptable to ensure scheme sustainability, according to the Pensions and Lifetime Savings Association (PLSA).
The Financial Reporting Council (FRC) has launched investigations into the conduct of a number of individuals involved with various Guinness Peat pension schemes between 2004 and 2012.
The Institute and Faculty of Actuaries (IFoA) is calling for a ‘bottom-up' approach to savings to help savers get better outcomes in retirement.
Research shows a potential drop in annual EU migration following Brexit could force the government to lower the state pension and further increase the age it can be accessed. Kristian Brunt-Seymour looks at the figures
Reductions in annual EU migration in the event of Brexit could force the government to lower the state pension and further increase the age it can be accessed.
Macquarie University has been appointed by the Life & Longevity Markets Association (LLMA) to lead a project on assessing basis risk for longevity transactions.
Two thirds of people aged over 55 who have bought an annuity (68%) would be unlikely to cash it in despite being able to from next year.
Marjorie Ngwenya has been appointed as president-elect of the Institute and Faculty of Actuaries (IFoA).
Hymans Robertson and Spence & Partners were among those to receive the Institute and Faculty of Actuaries' (IFoA) quality assurance scheme (QAS) accreditation.
The state pension triple lock is unnecessary and could place an unfair burden on future working generations, the Institute and Faculty of Actuaries (IFoA) has argued.