Quarter of a century of pension change and what may be next

We take a look at what has happened over the last 25 years in pensions, and what could happen in the next 25 years? Over the past 25 years, the UK pensions landscape has transformed. Benefit accrual in defined benefit (DB) pension schemes, once the cornerstone of UK retirement provision, has largely disappeared from the private sector. Defined contribution (DC) schemes and automatic enrolment have become the norm, with an increasing shift in risk from employers to individuals.

Seeing the Whole Picture

Insurance exists to protect people from uncertainty — yet, as the U.K. Government’s Financial Inclusion Strategy highlights[i], affordability and accessibility remain persistent barriers, particularly for renters, self-employed workers, and lower-income households. But beyond cost, there is a deeper issue of visibility: insurance providers may struggle to meet the needs of vulnerable people if they can’t see them clearly. That’s where the value of a single customer view becomes critical

Why Insurers Should Unify Pricing and Rating in 2026

Last year saw persistent claims inflation in motor and home insurance, as well as rising natural catastrophe losses, high inflation and geopolitical tensions. Fragmented pricing and rating systems cannot keep pace with today's rapidly changing market conditions. As a result, we need to rethink how we structure our pricing and rating systems to ensure they are more streamlined and robust enough to handle these pressures.

AI is transforming everything. What's the deal for M&A

 

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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HISTORY MAY NOT REPEAT ITSELF, BUT IT CERTAINLY RHYMES
 
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