Written by Jon Dean on 18 October 2018
The traditionally slow-moving pensions industry is evolving at a rapid pace. There has been a seismic shift from defined benefit to defined contribution in the occupational sector; trust-based schemes are being consolidated; pension freedoms, widespread disruption from technology and new market entrants and sharpening member awareness are all transforming this industry.
Head of retirement strategy Jon Dean predicts that change will come primarily in the actuarial profession, as schemes help DC customers plan their retirement needs with stochastic forecasting, and to the self-employed, who will become more engaged in their pensions thanks to digital technologies.
'Putting' Charity First
Written by Altus on 3 October 2018
Altus Consulting, a Bath financial services company has raised nearly £6,000 for the Children’s ward at the Royal United Hospitals Bath.
Bigger than ever
Written by Rory Gravatt on 20 September 2018
2018 has been the biggest ever year for bulk annuities, and this growth is only set to continue. But trustees looking to become involved in the booming market must take into account market pricing, where deals are closing and capital adequacy.