Latest articles from Stephanie Hawthorne

New lower life expectancy figures trim £20bn off DB liabilities

On the go: Life expectancies at age 65 are around five months lower for both males and females than they were a year ago, at 19.8 years and 22.4 years according to the Continuous Mortality Investigation. The figures come with caveats but are expected to cut £20bn from FTSE 350 defined benefit liabilities.

TPR could face last-minute ‘tsunami’ of master trust applications

On the go: With just over three weeks left until the end of the authorisation window for master trusts, 13 applications have been received by the Pensions Regulator from the 90 master trusts in the market, meaning it could face a last-minute tsunami of applications, according to consultancy Hymans Robertson.

£7.1m bulk annuity boom for PIC

On the go: Pension Insurance Corporation saw a near doubling of new pension insurance business to £7.1bn of premiums (2017: £3.7bn), for clients including BHS, Siemens and Rentokil, its parent company's 2018 results published today revealed.

Aon ends takeover talks with Willis Towers Watson

On the go: Insurance brokerage and consulting giant Aon has pulled out of takeover talks for rival Willis Towers Watson.

Eurozone equities at 20 per cent discount v US stock market

On the go: The eurozone stock markets could be set to outperform the US, UK and Japan, according to NN Investment Partners.

Schemes should discuss options ahead of Brexit-day clash

On the go: One in seven UK pension schemes faces a Brexit conundrum with their valuation year-end dates falling due on March 31, the Sunday after the UK is due to leave the EU on March 29, according to Aon.

Record £10bn annuity sales boosts L&G profits

On the go: Legal & General’s 2018 results released on Wednesday showed a record £10bn annuity sales, as demand grew for both institutional risk transfer deals and individual annuities.

SEI seeks master trust authorisation just weeks before the deadline

On the go: With just weeks to go before the final deadline of March 31, SEI is the latest trust to reveal that it has applied for authorisation of its SEI Master Trust.

Doctors express anger at NHS scheme failings

NHS Nurse

The leviathan NHS Pension Scheme is under fire again, with a Byzantine labyrinth of responsibilities, administration failings, and frustrations at government pensions policy infuriating medical staff.

LGPS funds strive to make an impact with build to rent

A minor revolution is taking place in town halls across the country. Local authority pension funds are changing tack, eschewing traditional equities for alternatives, and looking to make a difference with their allocations.