IT LOOKS as though Watson Wyatt will be the first actuarial firm to face legal suits over its pensio...
IT LOOKS as though Watson Wyatt will be the first actuarial firm to face legal suits over its pensions funding advice to company pension schemes. First out to consider litigation is US firm Sygen, an animal breeding company previously known as Dalgety before it was broken up in the late 90s. Prospect of a new litigation stream has sparked concerns about the pricing of Professional Indemnity insurance for actuaries because a strong chance of action by clients could leave individuals seeking more costly PI cover, if they can find any at all. PAY increases in the private sector ...
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