What fire claims reveal about modern risk interdependencies


Recent events have demonstrated how a single shop fire can escalate rapidly into a major city-centre emergency. What may begin as a contained incident can result in damage to historic buildings, the closure of transport hubs and widespread disruption to surrounding businesses. Fires in shop premises can highlight an often-overlooked reality in risk management: location plays a critical role in determining the scale and severity of loss.

Emerging cyber risks in the pension sector

Dean Chapman examines rising cyber risks in UK pension schemes, highlighting why trustees must take stronger ownership of governance, resilience and oversight to protect member data and ensure robust outcomes. It has been known for some time that cyber risks are no longer simply a technical issue, confined to IT teams or outsourced service providers. For pension schemes, cyber slowly but certainly has become a board-level risk that has direct implications for member outcomes, regulator scrutiny and trustee accountability.

Longer working lives require more flexible pension support

This year, 6 April marked the date from which the state pension age started to rise to 67. Over the next two years the age will steadily rise to reach age 67 for anyone born after 5 April 1961. At the same time, the triple lock saw the amount of full state pension payable to qualifying pensioners increase to £241.30 per week, or £12,547.60 per year. While an income equivalent to the state pension might be well below what many people aspire to, it remains a valuable foundation for retirement.

Pensions Perspectives: The game changed: Think. Act. Invest

 

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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