Keep up to date with the latest actuarial and finance news in our weekly round-up…
The UK’s largest listed companies have seen their pension deficits fall by almost a third over the last year, with nearly half of schemes now running a surplus.
Environmental NGOs are asking brokers Marsh Inc. and Aon PLC to withdraw as advisers to a proposed $2.6 billion Vietnamese coal-fired power station. “Given the issues with Van Phong 1, we urge you to advise your client not to proceed with this project and withdraw your own involvement,” the organizations said in letters to the brokers.
The Pensions Regulator (TPR) has blasted the “unacceptable” performance of small pension schemes in the UK and told them to improve or leave the market.
The government has come up with new proposals for England and Wales to end the row with doctors over pensions.
Parts of the pension industry are making a “fat living” from people’s savings and should come under tougher scrutiny, MPs have said.
The board of the £10.5bn British Steel Pension Scheme (BSPS) are in talks with a number of insurance giants to sell it.
Survivors of the London Bridge terror attack who suffered serious injuries when they were hit by a hired van are claiming compensation from the insurer of the rental company.