The Pensions Regulator has published its latest annual statement for schemes currently conducting a valuation. Schemes may face increased deficits and the statement sets out TPR’s expectations of trustees and employers. Read more in our latest blog.
The Central Bank of Ireland (CBI) has published a consultation paper which sets out specific domestic (Irish) requirements regarding the actuarial function and related governance arrangements for all insurance and reinsurance undertakings subject to Solvency II.
The PRA has proposed a supervisory statement that seeks to outline some of the key aspects of good board governance to which the PRA attaches particular importance in its supervision. Read more in our latest blog.
The New York Times published an article on 22nd April, headed ‘New Balance of Power’, claiming that ‘the United States’ is overtaking OPEC as the ‘vital global swing producer that determines prices’. Read more in our latest blog.
Our recent survey on the end of contracting-out reveals over half of employers who have considered the changes will take action to reduce costs. Read more in our latest blog.
The medically underwritten bulk annuity market continues to go from strength to strength, with the specialist insurers reporting a healthy pipeline of potential new business. Read more in our latest blog.
The surprise result of this election was that there was a result. While David Cameron had – publicly at least – been confident his party could win a majority, many doubted him. Like Paddy Ashdown, the pollsters are left eating their hats.