No one size fits all for IFRS 17


It has been a long journey, but after many years in the making, a number of insurers made their first full set of reports in March of this year under IFRS 17. The demands of the new reporting standard precipitated a swathe of digital transformation across the insurance industry in recent years, upgrading systems and infrastructure, as well as the skills needed by actuaries, and finance and IT teams to support these changes.

Hey Siri invest my money

Imagine a future where retirement planning is as easy as saying, “Hey Siri, invest my money.” With the rise of AI use in financial services that future is almost here, making money management simpler and more accessible than ever. AI has powered finance for decades, from fraud detection to credit scoring. The 2000s brought more personalised developments like robo-advisors and automated investing. Today, AI is embedded in everyday usage with increasingly smart apps for personal money management in the palm of your hand.

Government proposals for DC consolidation

The Government wants to set a minimum size for multi-employer DC schemes (from 2030 or later) but is not currently telling them how to invest. New duties for employers are also being considered. The Government has published an interim response to the first stage of its pensions review, alongside a consultation paper proposing fundamental changes to the market for workplace defined contribution (DC) schemes.

Enabling evidence based disaster risk management worldwide

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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