Mega-trends to force global business reinvention & more…Keep up with what has been happening this week in our latest IP news round-up…

Standard Life complete full scheme buy in with Unisys

Standard Life, part of Phoenix Group, has concluded a £300 million Bulk Purchase Annuity (“BPA”) transaction with the iPSL Section of the Unisys Payment Services Limited Pension Scheme (“iPSL”) and the Unisys Public Sector Pension Scheme (“UPSPS”) (together the “Schemes”).

Mega-trends to force global business reinvention

Global business leaders are increasingly pessimistic about their companies’ chances of surviving in their current states.

Schroders Greencoat to acquire Toucan Energy portfolio

Toucan Energy’s solar portfolio, consisting of 53 operating solar farms in the UK, will be majority acquired by private markets funds managed by Schroders Greencoat, the specialist renewables manager of Schroders Capital.

Phil Sargent joins First Actuarial as DB lead

First Actuarial has announced a senior promotion in its defined benefit consulting team. Phil Sergent will head up the division as the actuarial sector faces a number of governance changes in 2024.

Python in insurance: Paving the way for actuaries and insurers

The insurance sector, traditionally slow in embracing modernisation, is progressively adopting programming languages to refine workflows and bolster decision-making capabilities. Among these, Python has risen to prominence, establishing itself as a frontrunner for forward-thinking insurers and actuaries.