Broadstone acquires ExactVAL & more…Keep up with what has been happening this week in our latest IP news round-up…

Pension Schemes Bill marks a new chapter for UK pensions

The Pension Schemes Bill represents a significant shift in how defined benefit (DB) and defined contribution (DC) pension schemes are managed, regulated and supported across the UK.

Just Group completes buyin for the MGN Pension Scheme

Just Group has completed a c. £150m pensioner buy-in with the MGN Pension Scheme, sponsored by Reach plc. The MGN Pension Scheme provides pensions for former employees of Mirror Group Newspapers.

LCP Delta joins project to unlock energy savings for social housing tenants

A new initiative led by UK Power Networks could help people living in social housing get even more out of energy efficiency measures being retrofitted in their homes.

Broadstone acquires ExactVAL

ExactVAL provides life insurers with actuarial valuations and cashflow analysis of defined benefit pension schemes. Acquisition deepens Broadstone’s offering to life insurers in the competitive bulk purchase annuity market.

Jane Curtis awarded a Finlaison Medal

The IFoA is pleased to announce that IFoA Fellow Jane Curtis has been awarded a Finlaison Medal, recognising her outstanding contribution to the actuarial profession.