Page 5 - First Actuarial News Today

This week’s movers include those at First Actuarial, LifeSight, Punter Southall Governance Services, the Pension Protection Fund and Heywood.

First Actuarial has overhauled its management and decision-making structures following the growth of the business.

The revenue of the three biggest pension consultancy firms in the UK increased by 10.8% in 2021, increasing from £1.22bn in the 2020 financial year to £1.35bn in 2021.

The problem arises when UK companies have offloaded their pension schemes to giant insurance companies in so-called buyout deals.

The problem arises when UK companies have offloaded their pension schemes to giant insurance companies in so-called buyout deals.

Chancellor Kwasi Kwarteng insisted there is more to come as he delivered a robust defence of the £45billion tax-cutting package.

Reforms to income tax, savings and child benefits considered to boost economy

Sara Cook has been appointed as the next president of the Pensions Management Institute (PMI), effective immediately.

News analysis, case studies and informed comment on the challenges facing UK pension schemes, from Pensions Expert, a DG Publishing service

Richard Jones looks at the burden of regulation on smaller DB schemes and says advisers should talk to business owner clients about their options in relation to final salary pensions...