By Samantha Smith at BWCI samantha.smith@bwcigroup.com “data in the COVID-19 pandemic years is problematic” Actuaries use mortality tables daily to estimate how much to reserve for a liability that is contingent on a human life. In a pension scheme context, these liabilities include the benefits payable on death in service and retirement pensions. The data… Read More »
Yes, who remembers DeLorean? BWCI Group are delighted to once again be Sponsoring the ‘Battle of the School Bands’. This year’s theme is ‘Back to the 80’s’ and the team from Thirst Music School have worked even more miracles! The sold out event offers young people between years 7 to 11 to represent their… Read More »
BWCI has been a member of DIFERA since 2018. This is Liberate’s employer accreditation scheme which awards organisations with a quality mark to demonstrate that the six principles of Diversity, Inclusion, Fairness, Equality, Respect and Acceptance are at the heart of what the organisation does. This year BWCI appointed a group of DIFERA “champions” to… Read More »
By Anthony Brewer at BWCI anthony.brewer@bwcigroup.com “The priority for many schemes has become protecting their improved funding positions” A rapid rise in yields has changed the funding picture for many Defined Benefit (“DB”) pension schemes dramatically over the last couple of years. It is hard to exaggerate the speed at which the yields on UK… Read More »
By Michelle Galpin at BWCI michelle.galpin@bwcigroup.com “the excess deaths, relative to the number expected, has increased” In the previous edition of Bandwagon we highlighted the emerging trend, which was identified in the second quarter of 2022, of the increasing number of “excess deaths”, relative to those expected based on the rates of mortality experienced in 2019.… Read More »