The employment rate came in at 75.2% in the three months to July, versus 75.3% in June. Unemployment came in at 4.7%, in July, versus 4.7% in June and market expectations of 4.7%. Economic Inactivity in the three months to June came in at 21.1%. Annual total earnings growth came in at 4.7%, versus 4.6% in the previous three-month period, and market expectations of 4.7% Posted on Tuesday Sep 16
Law Debenture, the leading provider of Independent Professional Services, welcomes Stephanie Randall as Head of Bids. Stephanie joins Law Debenture, from her previous role as Head of Bid and Pursuit at Aon, where she was responsible for all bids across pensions, investment, employee benefits and insurance broking for the UK and Multinationals. Posted on Thursday Sep 11
Hymans Robertson has appointed Donna Prince as Head of Member Experience within its Risk Transfer and wind-up practice. This newly created role reflects the firm’s growing focus on member outcomes as a critical component of risk transfer strategy. In this role, Donna will lead the development and delivery of member experience solutions and ensure that schemes are equipped to place member needs at the heart of their decision-making. Posted on Wednesday Sep 10
Fidelity International outlines five key financial considerations for a career move, from pension perks and lost pots to hidden tax traps Posted on Wednesday Sep 3
If you work in insurance, you may well be intimidated by the rise of AI and automation in the industry. Like other industries across the globe, AI seems to be threatening many professionals’ careers. And some people do, in fact, have the right to be concerned. However, the rise of AI doesn’t have to spell disaster for everyone. And in fact, you may be able to up your game by gaining a greater understanding of the relationship between people and their AI instruments, and the necessary role that professionals continue to play in the industry. Posted on Wednesday Aug 20
The Institute and Faculty of Actuaries (IFoA) is delighted to announce that Sam Younger has been appointed as the new independent Chair of its Regulatory Board. Sam will begin his term on 22 September 2025. Posted on Tuesday Aug 19
Job vacancies fell by 44,000 to 718,000 in May-July. It was the 37th successive month of falls, and vacancies are now 9.7% below their pre-pandemic level. The unemployment rate was 4.7% in April-June - up very fractionally over the quarter and the year, and above pre-pandemic rates. Before inflation, wages in April-June were up 5% in a year excluding bonuses and 4.6% including them. After CPI inflation, wages rose 1.5% in a year excluding bonuses and 1.1% including them. The employment rate was 75.3% - up over the year and the quarter. It’s still below pre-pandemic rates. The economic inactivity rate was 21% - down over the quarter and the year. It’s above pre-pandemic rates. Posted on Tuesday Aug 12
SEI® have announced that Chris Hogg has been appointed to the SEI Master Trust Board of Directors. In addition to his board responsibilities, Hogg will serve as a member of the Risk and Operations Sub-Committee. Posted on Wednesday Aug 6
Barnett Waddingham (BW), the leading UK professional services consultancy, today announces the appointment of Nick Cooper as CEO of BW SIPP, as the business enters a new phase focused on market growth. Posted on Tuesday Aug 5
First Actuarial has promoted four of the firm’s leading professionals to its layer of Associate Partners. The role of Associate Partner was created in 2024, originally for 14 colleagues, to recognise exceptional talent and foster retention amid ongoing business growth. The four new Associate Partners work in some of the firm’s key growth areas. Posted on Tuesday Jul 29
Job vacancies fell by 56,000 to 727,000 in April-June. It was the 36th successive quarter of falls, and vacancies are now 68,000 below their pre-pandemic level. The unemployment rate was 4.7% in March-May - up over the quarter and the year, and above pre-pandemic rates. Before inflation, wages in March-May were up 5% in a year – both excluding bonuses and including them. After CPI inflation, wages rose 1.8% in a year excluding bonuses and 1.7% including them. The employment rate was 75.2% - up over the year and the quarter. It’s still below pre-pandemic rates. The economic inactivity rate was 21% - down over the quarter and the year. It’s still above pre-pandemic rates. Posted on Thursday Jul 17
The Institute and Faculty of Actuaries (IFoA) is delighted to announce that Paul Sweeting has begun his presidential term, taking over from Kartina Tahir Thomson. Posted on Friday Jul 11
Broadstone, a leading independent UK consultancy delivering expert advice to employers, insurers, pension scheme trustees and lenders, today announces the appointment of Rob Kerry as Actuarial Director. Posted on Thursday Jul 10
WTW has announced the appointment of Gary Finkelstein as Senior Director to its Insurance Consulting and Technology (ICT) business. Based in London, he will help to further expand WTW’s market-leading transaction, complex structuring, and advisory business to (re)insurers and private equity players increasingly active in the sector. Posted on Tuesday Jul 8
Serious bullying and harassment in financial firms qualify as misconduct, under rules confirmed by the FCA. Previously, it was often unclear when these types of behaviours would amount to a conduct rules breach in a firm other than a bank. Posted on Wednesday Jul 2
Barnett Waddingham (BW), has strengthened its bulk annuities team with the appointment of Oliver Ward as Principal and Risk Transfer Actuary. Posted on Tuesday Jun 17
Dalriada Trustees Limited ("Dalriada"), one of the UK's leading independent professional pension trustee firms, is pleased to announce the appointments of Barbara Fewkes to Head of Sole Trusteeship and Gill Howard to Operational Lead for the Pensions Management Team. Posted on Tuesday Jun 10
Katie North-Walker has joined LCP’s Pension Risk Transfer practice as a member experience specialist to spearhead the team’s market-leading work on keeping members engaged and supported throughout the bulk annuity process. Posted on Wednesday Jun 4
Barnett Waddingham (BW) has appointed five new partners to drive its ongoing business growth and expansion across key markets. They also announces eight principal and 27 associate promotions, made across the entirety of BW’s diverse service offering of risk, pensions, investment and insurance. Posted on Monday Jun 2
Bayes Business School (part of City St Georges University of London) will provide post-graduate education to the next generation of leaders in Saudi Arabia’s insurance regulator. Posted on Wednesday May 28
Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has today announced that Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s. Posted on Thursday May 8
Board appointment adds significant expertise in the strategically important insurance actuarial consultancy market. Bill’s career spanned over 35 years at Milliman including 20 years as CFO. Follows strategic growth investment made by Lovell Minnick Partners announced at the start of 2025 to accelerate Broadstone’s growth Posted on Wednesday May 7
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