Less than half of UK businesses have sustainability targets in place & more…Keep up with what has been happening this week in our latest IP news round-up…
Chartered actuary designation for IFoA qualified actuaries
The Institute and Faculty of Actuaries (IFoA) has now introduced chartered actuary designation for all IFoA Fellow members and IFoA Associate members. Following a consultation in late 2022, IFoA members voted to adopt chartered actuary designation. Currently, anyone can call themselves an actuary, but this chartered status is legally protected. This means that only qualified members of the IFoA will be able to call themselves a chartered actuary.
BW achieves impressive recognition in annual Best Companies survey
Barnett Waddingham (BW) has been recognised across multiple categories in the annual Best Companies employee survey 2024, cementing our status as a thriving business with fantastic workplace culture and engagement.
Less than half of UK businesses have sustainability targets in place
As COP29 continues this week, new research from leading business and financial adviser Grant Thornton UK LLP finds that less than half (43%) of UK mid-sized businesses have sustainability targets, such as for net zero, in place.
Isio completes £20 million buy-in with Utmost Life and Pensions, providing brokering and covenant advice for defined benefit scheme
Isio has successfully facilitated a £20 million buy-in transaction for a defined benefit scheme. In collaboration with the scheme’s Trustee, and legal advisors DLA Piper, Isio led on brokering the deal and advising on the covenant of the scheme’s insurer, Utmost Life and Pensions (“Utmost”), in addition to their longstanding role as full services Trustee adviser and Scheme Actuary to the scheme.
LCP advises on £250m of buy-ins between the Halma Group Pension Plan and the Apollo Pension and Life Assurance Plan and Standard Life
Standard Life, part of Phoenix Group, has successfully concluded £250m of Bulk Purchase Annuity transactions across two plans; the Halma Group Pension Plan and the Apollo Pension and Life Assurance Plan, which secures benefits for 2,200 members.
