In the UK, the government’s Pensions Regulator has issued new guidance on how the managers of defined benefit plans should evaluate their funding and investments. The guidance includes best practices for advisors and trustees on managing risks to ensure the plans stay solvent in the future.
Which advice are trustees finding most helpful when managing these plans? And how is the actuarial community pushing back against what it sees as unfair treatment of certain plans? Read the full report in the article at The Actuary.