Free press releases distribution network?

Agency / Source: NeonDrum Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Lorica Launches Actuarial and Risk Management Division - New division gives employers advice and support
Lorica Launches Actuarial and Risk Management Division

 

PRZOOM - /newswire/ - Reading, Berkshire, United Kingdom, 2010/04/08 - New division gives employers advice and support.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Lorica has set up an Actuarial and Risk Management division to give employers advice and support on how to manage, reduce or eradicate the risks associated with operating Defined Benefit (DB) pension schemes and other trust based arrangements.

Sean Gilfeather, who has joined Lorica to head its newly established Actuarial team believes "the ever increasing legislative burden surrounding pension schemes, people living longer, taxation changes for high earners and the exacerbation of these issues caused by the recent recession, have led to DB schemes becoming even more out of favour with an increasing trend in employers closing schemes to new members and accrual."

Gilfeather adds that many employers have legacy DB schemes which pose significant financial risk and constitute a substantial portion of their overall employee benefits spend, sometimes with little or no benefit for their current employees.

"Lorica recognise that DB schemes are now incompatible with modern employee benefits packages and carry substantial risks and financial implications for many employers," says Gilfeather. "There is a greater need for employers to take action now in order to come up with a permanent solution."

"Employers with DB schemes are paying substantial fees to advisers and administrators, just to ensure that the DB scheme is compliant with legislation. The DB scheme is in effect just treading water. The employer won’t be getting much return for their money or from their advisers as they are advising the trustees."

"Lorica’s new actuarial team will aim to help employers in a new and innovative ways," Gilfeather states. "Employers have to start thinking about how far down the line they are on the de-risking path. Have they even started to think about de-risking? Are they already managing the risk? What are they doing to help reduce the risks?"

"Our focus is on providing employers with viable pensions solutions in collaboration with the trustees"

For more details contact:
David Wallen or Ross Clarke at LIVEpr on 020 7630 1100

LIVEpr Ltd
93 Jermyn Street
St James's, London SW1Y 6JE
United Kingdom
T: +44(0)20 7930 5550
M: +44(0)7802 745 801
F: +44(0)870 121 5572

About Lorica
Lorica (lorica.com) is one of the UK’s most experienced and well-respected consultancies providing independent guidance on a comprehensive range of insurance products including group risk, healthcare, pensions, financial services, and online solutions including flexible and tax efficient benefits.

Submitted by NeonDrum on behalf of LIVEpr Ltd
Nicky Denovan / T: +44 7747 017654.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: NeonDrum Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Lorica Launches Actuarial and Risk Management Division

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Liz Hartney - NeonDrum.com 
+44 7510 518732 news[.]neondrum.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NeonDrum Ltd securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From NeonDrum Ltd / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Infinera to Participate in Upcoming Investor Conference
Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  NAKIVO, Inc.

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today