Artificial intelligence and pensions: Cyber risk

This is the third in a series that takes a deeper look at areas relevant to U.K. pension schemes and how artificial intelligence (AI) may have a significant influence or impact. Cyber risk is an increasingly important issue in the pensions sector, and its significance is only expected to grow. Earlier this year, a cyber breach pushed Australian superannuation schemes into the spotlight; five pension providers were hit with a series of cyber-attacks, with members of one fund collectively losing $500,000 in retirement savings.

The four dimensions of reserving uncertainty

This article presents a framework that I have found helpful in working with general insurance firms to better manage their reserving risks. The four dimensions are. The ultimate view of reserving risk. The one-year view of reserving risk. The range of reasonable best estimate reserves. The contribution of claims handling to reserving risk. In this article I will cover the first three dimensions and next time we’ll do a deep dive of the fourth dimension, which is typically the least well understood.

Strategies for defined contribution pension arrangements

Three areas of focus that companies can build into their strategy to help their defined contribution arrangements stand up to adverse conditions. Turbulent economic conditions and how employees respond to them can create sustained financial vulnerabilities for organizations with defined contribution (DC) retirement plans. Professional management of pensions can help employers overcome these challenges, supporting effective workforce planning and protecting the value of the investment they are making in their people through plan contributions.

Assessing the benefits of run on

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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