Swiss Re have announced the appointments of Damien Bartlett as Head of Market Unit Life & Health UK and Ireland and Middle East and Africa and Karen Tan as Chief Underwriting Officer for L&H Re
What happens when you revisit your market forecasts after six months of relentless headlines? In this episode, Tessa Mann and Rhys Simons look back at the views they shared in their Global Investment Outlook 2026 and assess how those predictions have held up. Together, they discuss what played out as expected, what caught them off guard and how everything from geopolitical developments to the rise of AI-driven markets has influenced the investment landscape so far this year. Guided by listener questions, the discussion looks beyond the headlines to examine what really matters for long-term investors and what trustees should be watching as the rest of 2026 unfolds.
Daniel Nilsson, Senior Portfolio Manager at Isio Investment Management, comments on the FCA’s ongoing review of the Model Portfolio Service (MPS) market: “As the FCA's review of the Model Portfolio Service (MPS) market continues, the focus on governance, oversight, value for money and investment propositions has become increasingly important.
AI has been the dominant driver in markets this year. For Emerging Markets, this has played out in an extraordinary demand for those stocks that produce the ‘picks and shovels’ of the AI gold rush. Memory chip manufacturers have been in the vanguard of this rally. The recent correction has been a reminder that this historically cyclical business is still sensitive to the supply/demand dynamic. So where to next?
Morningstar DBRS published the August 2026 edition of "Consider Credit—Fundamental Ratings Monthly Briefing." It includes a Credit Rating Actions Dashboard and a description of our recent and anticipated credit rating considerations across Governments & Public Finance, Financial Institutions, and Corporate Finance.
In last month’s article, I explored The Pensions Regulator’s (TPR’s) AI plan and what it could mean for pension schemes. The plan sets out a thoughtful approach to encouraging responsible innovation in this fast-moving area, while keeping the focus firmly on good outcomes and clear accountability for how AI is used. Over the coming articles (including this one), I’ll discuss some of the themes it raises in more detail. I’d suggest they’re probably best read in the order that I’ve written them to reflect the internal structure of TPR’s plan.
AI wields enormous promise, but it’s important to identify weak spots in skills and processes and adjust accordingly. The excitement and hype over AI has reached a fever pitch. Executive leaders are under pressure from boards, shareholders and other stakeholders to put it into action and identify the opportunities and efficiencies. Insurance is no exception, and we can already envisage vast swathes of possibilities to re-engineer processes and create economies of scale.
A recent Society of Pension Professionals (SPP) roundtable of industry professionals has highlighted a fundamental shift in pension scheme decision-making amidst £160bn in aggregate surpluses and evolving regulatory options.
As the U.K. experiences its fourth heatwave of the year following record June temperatures, and the U.K. Government invests in wildfire resilience, new analysis from LexisNexis® Risk Solutions, has revealed the top five urban locations where wildfire detections were recorded within 5km of city limits in 2025.
Pension Lab has demonstrated that open standards transfer technology can also support the validation of and responses to Letters of Authority.The approach uses infrastructure already supporting pension, SIPP and ISA transfers, rather than requiring providers to build a new system or join another network.Open standards transfer tech is currently used by more than 150 financial institutions.
Three in five (60%) are either incorrect or unsure whether pension providers or advisers can cold call about pension opportunities. Two in five (40%) believe you can withdraw money from your pension at any age or said they did not know. One in five (20%) say a professional-looking website and positive online reviews are reliable indicators that a pension opportunity is genuine, while 20% are unsure. Standard Life highlights how scammers exploit uncertainty around pensions and urges savers to look beyond polished websites, online reviews and social media adverts
As trustees, over the past few years you will have heavily relied on your administrator to help prepare your scheme for connection to pensions dashboards. They will know the dashboards regulations and Pensions Dashboards Programme’s standards inside out, be able to tell you the difference between Find and Value data and what a PeI is, and explain how they are connecting your members’ data to dashboards. (And if they haven’t, here’s a glossary of dashboards terms!)
The Upper Tribunal upheld the FCA's decision to ban Richard Fenech and Heather Dunne from working in financial services. The Tribunal agreed that both acted dishonestly by providing a backdated appointed representative agreement to the FCA.
Pet insurance prices continued to fall during the second quarter of 2026, although a sharp rebound in June suggests the sustained downward trend may be starting to lose momentum, according to the latest Pet Insurance Pricing Index from Defaqto’s Market Pricing Business.
Budget speculation season has started after Chancellor John Healey last week announced that he will hold his inaugural Budget on 28 October 2026. AJ Bell has warned that speculation around pension tax relief and tax-free cash can force people into making expensive mistakes. Seven sure-fire steps you can take ahead of the Budget – with no regrets
Our cover story is from long time contributor to the magazine Dale Critchley from Aviva who examines how you can insure your health, insure your home and car and even your life but how can you insure an income in retirement. We also have Mark Francis from the FCA and Simon Nixon from the PRA on increasing resilience across an interlinked financial system. Plus, PMI members Joe Moore and Julia Yates discussing Virgin Media -what now for pension schemes.
Small defined benefit pension schemes are continuing to benefit from favourable conditions in the bulk annuity market, with well-prepared schemes increasingly able to secure competitive buy-in transactions, according to Quantum Advisory.
New research shows over a fifth (22%) of adults have less confidence in pensions due to the upcoming pensions IHT change. However, official figures show around 7% of estates are expected to be financially affected in the first year of the change. Overestimation of future IHT liabilities poses risk to retirement income: individuals in their mid-20s could lose out on £5,014 at retirement from pausing pension contributions for just one year – rising to £24,715 for a 5-year contribution break.
Regular reviewing of pensions has risen from 38% in 2024 to 45% in 2026, while the proportion who never review their pension fell from 21% to 11% overall, according to new member research from TPT. Active members were also more likely to change their target retirement age, rising from 11% to 16%, and to look into investments or investment choices, increasing from 16% to 24%. However, among members aged 50+, 47% did not know whether they planned to take a lump sum. Among those not taking all their pension in one go, just over half, 52%, were uncertain what they would do with the remainder.
Insurance companies still struggle to unlock value from unstructured data, especially customer conversations. In this Swiss Re expert insight, Marco Spagnuolo, Head Conversational AI Solution, explains how AI-powered Conversation Intelligence transforms call centre audio into structured data. This allows insurers to increase operational productivity, improve customer experience, and strengthen risk management by identifying patterns, monitoring complaints, and detecting potential fraud. AI is already changing how insurers turn everyday interactions into actionable risk insights.
Private pension statistics from HM Revenue & Customs last week showed that both the number of charges against the pensions annual allowance (AA) and the value of contributions in excess of the AA, reported via self-assessment (SA), increased significantly between 2023/24 and 2024/25:
New figures from the ABI’s latest Property Insurance Tracker show home insurers paid out £72 million for domestic subsidence claims during the second quarter of 2026, with the average subsidence claim reaching a record £20,000. The average payout is more than £2,000 higher than in the same period last year, highlighting both the growing cost of subsidence and the vital protection insurance provides for homeowners.
Wealth management is becoming increasingly institutionalised. We examine the key trends driving this shift and what it means for firms and clients. Wealth management has always sat apart from other parts of financial services. Pension schemes exist for one main reason: to provide income in retirement. Insurance transfers risk. Asset management focuses on generating returns for a given level of risk. Wealth management, by contrast, has never had a single job.