There is a need to complicate, our puts are short


Corporate bond spreads have continued to tighten, leaving substantially less upside in public IG than before. The US market recently hit the lowest it’s been this millennium, and across the board we’re well into the bottom quartiles. This both creates and exacerbates a number of risks, especially tail risks. Tail risks matter, especially to well-funded DB schemes with low-risk strategies. We outline some of the key ones below.

Targeted pensions support takes shape in FCAs plans

As the Financial Conduct Authority (FCA) sets out its strategic priorities for 2025/26 – and confirms Nikhil Rathi’s reappointment as Chief Executive Officer – advisers may want to pay close attention. While headlines might focus on regulatory oversight and leadership continuity, beneath the surface lies a major initiative with far-reaching implications for pension engagement and financial guidance. The regulator has earmarked significant funding to explore a long-standing challenge: how to offer more personalised pensions support to consumers who aren’t receiving full financial advice.

Five key questions the Insurance C-Suite must answer now

The insurance industry continues to evolve. 2025 has and – will continue to – bring with it an array of challenges and opportunities that demand strategic foresight from insurers. From a shifting UK regulatory landscape to technological advancements, economic volatility, macro uncertainty, and ESG imperatives, the decisions made by insurance executives today will define their success in the future. Our sector’s ability to navigate these dynamics – while also driving innovation and operational efficiency - is more critical than ever.

Uninsurable Future Climate Change and UK Risk

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

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

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