Actuarial Post News and Articles

Search Results Page 1 of 466.

1 2 3 4 5 6 7 8 9 10 11 12  Next  Last

Stagnating life expectancy figures bucks previous trend

Commenting on the life expectancy figures published by Public Health England, Steven Baxter, Head of Longevity Innovation and Research, Club Vita, says
Posted in: Life - Articles
Posted on: Wednesday Jan 17

Collective Defined Contribution schemes can improve pensions

Aon has submitted its written response to the Work and Pensions Committee's inquiry (headed by Frank Field MP) into Collective Defined Contribution (CDC) pension schemes.
Posted on: Wednesday Jan 17

Pension transfer values remained high during 2017

Pension transfer values as measured by the Xafinity Transfer Value Index remained high during 2017, fluctuating throughout the year but ending the year at £236,000, little changed from the figure of £234,000 at the end of 2016. These figures were relatively high compared to the Index at the end of 2015, which was £203,000.
Posted on: Wednesday Jan 17

NOW Pensions enrols their 1.5 millionth member

Workplace pension provider NOW: Pensions has today announced its enrolled 1.5 million members and signed up 30,000 employers - just six years on from accepting its first member.
Posted on: Tuesday Jan 16

What happens next for Carillions workers pensions

With the news that construction giant Carillion has gone into liquidation with a pension deficit of nearly £1bn, Stuart Price, Partner and Actuary at pension experts Quantum Advisory, explains what will likely happen to the 28,500 employees who have a pension with the collapsed company.
Posted on: Tuesday Jan 16

Top five legal challenges facing DC pensions this year

Sackers has outlined the top five legal challenges that trustees and employers should ensure are a key focus for DC schemes over the coming 12 months.
Posted on: Tuesday Jan 16

FCA regulated actuary Baljit Khatra joins Hymans Robertson

Baljit Khatra has joined the leading independent pensions and benefits consultancy as a Risk Transfer Consultant and will be based in the firm’s Birmingham office.
Posted on: Tuesday Jan 16

Criterion appoint four experienced non execs to the board

Criterion the new, independent, not-for-profit industry body for Standards and Governance services, has appointed four non-executive directors to the board, building broad industry representation, as it looks to drive through the collaborative work necessary to meet the needs of a rapidly evolving industry.
Posted on: Tuesday Jan 16

ANDIE to purchase remaining shares in Box Innovation Group

Aioi Nissay Dowa Insurance Europe (the ANDIE Group), part of the MS&AD Group, is pleased to announce its intention to purchase the remaining 24.99% of shares of Box Innovation Group Limited (BIGL), which includes the brands insurethebox and drive like a girl, with the intention to fully integrate the business within the ANDIE Group during 2018.
Posted on: Tuesday Jan 16

Ethics so what


We actuaries may ask ourselves the purpose behind the recent increase in regulatory requirements for professionals to get Continuing Professional Development in ethics. A pessimistic perspective might see the world as a brutal place, with ethics a luxury good, and others may see ethics courses as simple boxes to check that don’t generate any real change.
Posted in: Articles
Posted on: Tuesday Jan 16

Skiers should ensure they are covered for piste of mind

The Association of British Insurers (ABI) has revealed the true cost of winter sports-related claims, varying from £1,000 to as much as £90,000. More than 6 million Brits choose the slopes for their winter trips so it’s vital that you make sure you have the right cover included in your travel insurance. With adverse weather and extreme snowfall in the Alps, it’s never been more important to make sure that you and your family are fully protected against the worst case scenario.
Posted on: Monday Jan 15

Authorisation system for Master Trusts supported by the PLSA

The Pensions and Lifetime Savings Association (PLSA) has responded to the Department for Work and Pensions’ (DWP) consultation, Draft Occupational Pension Schemes (Master Trusts) Regulations 2018.
Posted on: Monday Jan 15

£900 million reinsurance deal for LV= from Aon

Aon has secured reinsurance for £900 million of annuity business for Liverpool Victoria Friendly Society (LV=), as part of LV=’s ongoing risk management activities. The transaction covered asset and longevity risks.
Posted on: Monday Jan 15

Target cost of living rather than pension pot size

In a response to the PLSA’s Hitting the Target consultation, which aims to develop a set of national retirement income targets, Cardano welcomes the ambition to demystify pension saving and engage members on the financial outcomes they need in retirement. DC plans should be targeting the cost of living rather than focusing on pot size, according to Cardano.

Posted on: Monday Jan 15

1.4m pensioners are among the poorest in Britain

The number of pensioners among the poorest 10% of people in Britain grew to 1.4m (38%) in Fiscal Year (FY1) 2016/17 up from 1m (28%) in FY 2014/15, finds Just Group. New government figures reveal the yawning chasm between the richest and poorest UK pensioners, as Parliament sets the date for its latest pension reform debate
Posted on: Monday Jan 15

Advisors unaware of benefits of Life policy under trust

Research from Legal & General has revealed that a fifth (20%) of advisers are unaware of the benefits of writing their clients’ life insurance policies into trust, potentially jeopardising pay-outs to the beneficiaries of customers who don’t have a will.
Posted in: Life - Articles
Posted on: Monday Jan 15

PPF will not be threatened by Carillion liquidation

Despite its large pension deficit, the liquidation of Carillion will not threaten the pensions ‘lifeboat’, the Pension Protection Fund (PPF), according to Steve Webb, Director of Policy at Royal London.
Posted on: Monday Jan 15

Employers admit not utilising all Group Risk products

Only 32 per cent of employers say they make regular use of all the extra support within group risk products, according to new research* undertaken by Group Risk Development (GRiD), among 500 HR decision makers across small, medium and large organisations. Others admitted to only using some of the support available, or using it fairly irregularly. Over one in ten organisations either did not use any of the additional support available via group risk products, or were completely unaware that any support existed at all.
Posted on: Friday Jan 12

PRA consultation paper on changes in insurance reporting

In this consultation paper (CP), the Prudential Regulation Authority (PRA) proposes a number of regulatory reporting changes designed to reduce the burden for Solvency II firms and mutuals whilst maintaining the PRA’s ability to meet its statutory objectives and to supervise firms.
Posted on: Friday Jan 12

Volume and value of pension transfers increase again

Year-on-year data from Origo via its Options Transfers service, reveals the volume and value of pension transfers have increased for yet another year, with almost £31 billion of pensions money being moved by the service in 2017. The service carried out over half-a-million transfers during the year while keeping the average transfer time down to 10 calendar days.
Posted on: Friday Jan 12

EIOPAs proposal for changes to the Standard Model

Chris Price, Insurance Solutions Strategist at AXA IM comments on EIOPA’S (European Insurance and Occupational Pensions Authority) Insurers’ Investment Behaviour report and proposed changes to the Standard Model For the Solvency Capital Ratio.
Posted on: Thursday Jan 11

Fraudulent motor claim dealt hammer blow by telematics data

Telematics data and forensic evidence captured by insurethebox has successfully thwarted a vehicle damage claim for £87,921 -including £79,114 in credit hire costs- and recovered over £70,000 in legal costs.
Posted on: Thursday Jan 11

Insurers losing out by failing to ensure ease of contact

Insurance companies are failing to offer premium levels of contactability to their customers and prospects, according to the findings of latest research. This oversight is particularly astonishing in today’s connected world, where reputations are made and lost on internet reviews and competition across channels is increasingly fierce.
Posted on: Thursday Jan 11

Traditional insurers can turn disruption into opportunity

The insurance industry is on the cusp of fundamental change. Technology-driven new entrants with innovative customer offerings, otherwise known as ‘insurtechs’, are redefining the consumer experience, using data and Artificial Intelligence (AI) to launch more predictive services. According to CB Insights, $1.7bn was invested into insurance startups last year.
Posted in: Articles
Posted on: Thursday Jan 11

Optimism for the year ahead in Mergers and Acquisitions

According to M&A data published by Willis Towers Watson, UK M&A market performance dropped significantly at the end of 2017 with dealmakers recording their weakest quarterly results for the year in the final three months. UK deal volumes also dropped in 2017 to 38 completed deals over $100 million, compared to 46 in 2016.
Posted on: Thursday Jan 11

Site Search

Exact   Any  

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.