Technology can enable anything – including disaster

Power to the people! This, slightly paraphrased, ringing cry from Chancellor George Osborne at the budget is still reverberating through the world of pensions and the latest tremor comes from the Treasury. This is the news that a fourth way has been added to draw you pension down, alongside the existing approaches of Income Drawdown, Lifetime Annuity and Scheme Pension. The new method is called the UFPLS – that’s Unsecured Fund Pension Lump Sum to the rest of us. The UFPLS allows people to draw down a lump sum from their pension without crystallising the whole pot.

Moving into a 3D investment world

In May of this year the Financial Times reported that Department for Communities and Local Government (DCLG) issued a consultation paper that suggested that local authorities use passive management techniques to save the estimated £660m per annum wasted on active managers who rarely beat the markets. For decades we have known that highly-paid fund managers, on average, consistently underperform the index, yet costly active fund management has predominated - to the substantial detriment of pensioners and their savings.

Many individuals & businesses face pension car crash

Pension freedom is undoubtedly a good thing and from April 2015 people will no longer have to purchase an annuity. Instead, they will be free to either take their funds as a lump sum, use income drawdown, go down the annuity route or adopt a mixture of these. But that all depends on one fundamental fact – that they have contributed to a pension in the first place.

Volatility will be a primary focus for investors

Latest World News

Sat, 25 Oct 2014 Ebola death toll tops 4,900 as virus spreads - WHO
Sat, 25 Oct 2014 U.S., allies stage 22 air strikes in Iraq - U.S. Central Command
Sat, 25 Oct 2014 Police seek motive in fatal Washington state school shooting
Sat, 25 Oct 2014 Brazil's election too close to call on eve of runoff
Sat, 25 Oct 2014 Brazil presidential campaign ends in slugfest over corruption
Sat, 25 Oct 2014 Iraqi security forces, Kurds, gain ground against Islamic State
Sat, 25 Oct 2014 On eve of poll, Ukraine leader seeks support for pro-Europe course
Sat, 25 Oct 2014 Canada's Parliament Hill reopens following Wednesday shooting
Sat, 25 Oct 2014 In rural Tunisia, economic malaise weighs on voters
Sat, 25 Oct 2014 Kurdish forces retake north Iraqi town from Islamic State

Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

Site Search

Exact   Any  

Latest Actuarial Jobs

Digital Magazine

  Auto-enrolment for GIP

OUT NOW

Actuarial Post's Digital Magazine Issue 40

Scotland: The brave but not the reckless

Click the image above to view. Click here to receive your future copies of our monthly magazine

Author Companies

Actuarial Jobs & News Feeds

Jobs RSS News RSS