http://www.theactuary.com/actuarial-news.xml Almost all company directors are now aware of the requirement to automatically enrol their staff onto a pension scheme which they then have to contribute to, according to research published by the Institute of Directors today. http://www.theactuary.com/news/2013/05/employer-awareness-of-pensions-auto-enrolment-at-98/ 348726 Fri, 24 May 2013 15:30:00 GMT 20130524153000 Fri, 24 May 2013 15:41:00 GMT 20130524154100 Fri, 24 May 2013 15:41:00 GMT 201305241534100 Nick Mann Pensions News Page A group of five local authority pension schemes have announced plans to form a £250m investment fund which will back infrastructure projects boosting economic growth. http://www.theactuary.com/news/2013/05/council-pension-schemes-team-up-for-250m-investment-fund/ 348721 Fri, 24 May 2013 14:00:00 GMT 20130524140000 Fri, 24 May 2013 15:34:26 GMT 20130524153426 Fri, 24 May 2013 15:34:28 GMT 201305241533428 Nick Mann Pensions Investment News Page The European Commission has dropped plans to introduce new capital requirements for pension schemes when it overhauls the Institutions for Occupational Retirement Provision Directive later this year. http://www.theactuary.com/news/2013/05/europe-postpones-solvency-ii-for-pensions/ 348512 Thu, 23 May 2013 16:00:00 GMT 20130523160000 Thu, 23 May 2013 16:09:45 GMT 20130523160945 Thu, 23 May 2013 16:09:47 GMT 201305231640947 Nick Mann Pensions News Regulation standards International Page Top story Increased volatility in the capital requirements being placed on insurers under Solvency II could make investors 'skittish', Moody's has warned. http://www.theactuary.com/news/2013/05/complex-volatility-of-solvency-ii-could-put-off-investors-warns-moodys/ 348413 Thu, 23 May 2013 11:00:00 GMT 20130523110000 Thu, 23 May 2013 11:36:42 GMT 20130523113642 Thu, 23 May 2013 11:36:43 GMT 2013052311113643 Nick Mann News Regulation standards International Page GI Reinsurance The combined value of motor insurance premiums written in the UK last year totalled £13.1bn, almost £200m less than in 2011, Deloitte revealed yesterday. http://www.theactuary.com/news/2013/05/motor-insurance-premiums-fell-200m-last-year/ 348384 Thu, 23 May 2013 10:00:00 GMT 20130523100000 Thu, 23 May 2013 10:38:45 GMT 20130523103845 Thu, 23 May 2013 16:15:38 GMT 201305231641538 Nick Mann News Page GI One in seven people retiring this year will be entirely reliant on the state pension for their retirement income, with women especially dependent on the payouts, according to research published by the Prudential yesterday. http://www.theactuary.com/news/2013/05/one-in-seven-2013-retirees-will-entirely-rely-on-state-pension/ 348245 Wed, 22 May 2013 16:00:00 GMT 20130522160000 Wed, 22 May 2013 16:50:35 GMT 20130522165035 Wed, 22 May 2013 16:50:36 GMT 201305221645036 Nick Mann Pensions News Page Mergers of local government pension funds will be among the options considered when a consultation is launched later this year on a major restructuring of the Local Government Pension Scheme, it was announced yesterday. http://www.theactuary.com/news/2013/05/council-pension-fund-mergers-on-the-table-for-restructure/ 348081 Wed, 22 May 2013 11:00:00 GMT 20130522110000 Wed, 22 May 2013 11:44:54 GMT 20130522114454 Thu, 23 May 2013 10:53:21 GMT 2013052310105321 Nick Mann Pensions News Page Delivering the best possible outcomes for savers with auto-enrolment and addressing the funding issues faced by employers will be key priorities for The Pensions Regulator over the next four years. http://www.theactuary.com/news/2013/05/auto-enrolment-and-funding-top-the-pensions-regulators-priorities/ 347579 Tue, 21 May 2013 15:00:00 GMT 20130521150000 Tue, 21 May 2013 15:20:37 GMT 20130521152037 Wed, 22 May 2013 11:49:37 GMT 2013052211114937 Nick Mann Pensions News Regulation standards Page Large multinationals' increasing reliance on international supply chains, infrastructure and markets pose a major risk to 'business as usual', a report published by the United Nations International Strategy for Disaster Reduction and PricewaterhouseCoopers today has warned. http://www.theactuary.com/news/2013/05/risk-to-multinationals-from-natural-hazards-is-increasing/ 347417 Mon, 20 May 2013 15:00:00 GMT 20130520150000 Mon, 20 May 2013 15:50:17 GMT 20130520155017 Mon, 20 May 2013 15:50:18 GMT 201305201535018 Nick Mann Risk & ERM News International Page GI Environment Pension funds across Europe have continued to reduce their exposure to equity markets over the past 18 months as they bid to limit funding level volatility, Mercer said today. http://www.theactuary.com/news/2013/05/european-pension-funds-moving-away-from-equities/ 347395 Mon, 20 May 2013 14:00:00 GMT 20130520140000 Mon, 20 May 2013 14:09:10 GMT 20130520140910 Tue, 21 May 2013 15:28:41 GMT 201305211532841 Nick Mann Pensions Investment News International Page The government's public sector pension reforms will reduce the average value of a pension by more than a third, according to analysis published by the Pensions Policy Institute today. http://www.theactuary.com/news/2013/05/public-service-pensions-will-be-cut-by-a-third-by-reforms/ 347124 Fri, 17 May 2013 14:00:00 GMT 20130517140000 Fri, 17 May 2013 14:52:39 GMT 20130517145239 Mon, 20 May 2013 14:17:46 GMT 201305201421746 Nick Mann Pensions News Page Insurers have extended their commitment to offering cover to properties at high risk of flooding by one month to the end of July. http://www.theactuary.com/news/2013/05/flood-insurance-guarantee-extended-by-a-month/ 346928 Thu, 16 May 2013 15:00:00 GMT 20130516150000 Thu, 16 May 2013 15:57:49 GMT 20130516155749 Thu, 16 May 2013 15:57:50 GMT 201305161535750 Nick Mann News Page GI Environment Ministers have been urged to remove barriers to people working longer after a study found that retirement has a detrimental effect on both mental and physical health over time. http://www.theactuary.com/news/2013/05/lengthy-retirement-is-bad-for-your-health/ 346864 Thu, 16 May 2013 11:00:00 GMT 20130516110000 Thu, 16 May 2013 11:21:19 GMT 20130516112119 Fri, 17 May 2013 15:00:29 GMT 201305171530029 Nick Mann Pensions Life insurance News Page Health care New rules governing Europe's insurance industry are still needed despite the damage to investor confidence being caused by delays to their introduction, Standard & Poor's said today. http://www.theactuary.com/news/2013/05/solvency-ii-is-still-needed-says-standard-poors/ 346743 Wed, 15 May 2013 15:30:00 GMT 20130515153000 Wed, 15 May 2013 15:50:45 GMT 20130515155045 Thu, 16 May 2013 11:25:38 GMT 2013051611112538 Nick Mann Life insurance News Regulation standards International Page GI Top story (international) Government plans for defined ambition workplace pensions should focus on using large-scale schemes to share risk between members rather than between workers and employers, the Trades Union Congress said today. http://www.theactuary.com/news/2013/05/trade-unions-back-collective-dc-pension-provision/ 346741 Wed, 15 May 2013 15:00:00 GMT 20130515150000 Wed, 15 May 2013 15:44:09 GMT 20130515154409 Wed, 15 May 2013 15:56:20 GMT 201305151535620 Nick Mann Pensions News Regulation standards Page Fund managers expect emerging market debt and equity to be the key growth areas for institutional investment over the next 18 months, according to Aon Hewitt. http://www.theactuary.com/news/2013/05/institutional-investors-to-increase-exposure-to-emerging-markets/ 346533 Tue, 14 May 2013 16:00:00 GMT 20130514160000 Tue, 14 May 2013 16:27:55 GMT 20130514162755 Tue, 14 May 2013 16:27:55 GMT 201305141642755 Nick Mann Pensions Investment News International Page GI The combined deficit of the UK's defined benefit pension schemes increased to £256.6bn last month, according to figures published by the Pension Protection Fund today. http://www.theactuary.com/news/2013/05/uk-db-pension-scheme-deficits-up-to-257bn/ 346499 Tue, 14 May 2013 15:30:00 GMT 20130514153000 Tue, 14 May 2013 15:39:31 GMT 20130514153931 Wed, 15 May 2013 15:54:48 GMT 201305151535448 Nick Mann Pensions News Page Banning consultancy charges on the pensions schemes used for auto-enrolment will be a 'significant step' towards ensuring people get value for money from retirement saving, the chair of the Commons work and pensions committee has said. http://www.theactuary.com/news/2013/05/mps-welcome-ban-on-ae-pension-consultancy-charges/ 346490 Tue, 14 May 2013 15:00:00 GMT 20130514150000 Tue, 14 May 2013 15:24:48 GMT 20130514152448 Tue, 14 May 2013 15:24:49 GMT 201305141532449 Nick Mann Pensions News Regulation standards Page There were 14 pension buy-in and buy-out deals worth over £100m completed last year, the most since 2008, according to figures published by LCP today. http://www.theactuary.com/news/2013/05/volume-of-major-pension-risk-transfer-deals-hits-four-year-high/ 346257 Mon, 13 May 2013 15:00:00 GMT 20130513150000 Mon, 13 May 2013 15:11:02 GMT 20130513151102 Tue, 14 May 2013 15:46:08 GMT 201305141534608 Nick Mann Pensions News Page GI Consultancy charges on pension schemes being used for auto-enrolment will be banned under plans set out by pensions minister Steve Webb today. http://www.theactuary.com/news/2013/05/webb-announces-crackdown-on-pension-charges/ 345936 Fri, 10 May 2013 14:00:00 GMT 20130510140000 Fri, 10 May 2013 14:55:04 GMT 20130510145504 Fri, 10 May 2013 16:51:43 GMT 201305101645143 Nick Mann Pensions News Regulation standards Page The combined deficit of the 100 largest corporate pension plans in the US increased by $37bn in April as the interest rates used to value pension liabilities fell, Milliman said today. http://www.theactuary.com/news/2013/05/us-pension-deficits-jumped-by-37bn-last-month-says-milliman/ 345699 Thu, 09 May 2013 17:00:00 GMT 20130509170000 Thu, 09 May 2013 17:20:39 GMT 20130509172039 Fri, 10 May 2013 14:59:32 GMT 201305101425932 Nick Mann Pensions News International Page Top story (international) Government plans to compensate people who develop mesothelioma after being exposed to asbestos at work but cannot find a liable employer or insurer have been welcomed by the insurance industry. http://www.theactuary.com/news/2013/05/insurers-welcome-plans-to-legislate-for-mesothelioma-support/ 345478 Thu, 09 May 2013 11:00:00 GMT 20130509110000 Thu, 09 May 2013 11:00:27 GMT 20130509110027 Thu, 09 May 2013 17:23:29 GMT 201305091752329 Nick Mann News Page Health care GI The Queen has confirmed that the government will legislate over the coming year to introduce a new single-tier state pension. http://www.theactuary.com/news/2013/05/queens-speech-confirms-state-pension-reform-plans/ 345235 Wed, 08 May 2013 14:15:00 GMT 20130508141500 Wed, 08 May 2013 14:18:11 GMT 20130508141811 Wed, 08 May 2013 14:18:12 GMT 201305081421812 Nick Mann Pensions News Page Health care The Pensions Regulator has warned trustees against being over cautious when agreeing their pension funding plans and stressed the flexibilities available to employers struggling to close their scheme deficits. http://www.theactuary.com/news/2013/05/pensions-regulator-urges-trustees-to-avoid-over-prudence/ 345226 Wed, 08 May 2013 14:00:00 GMT 20130508140000 Wed, 08 May 2013 14:08:18 GMT 20130508140818 Fri, 17 May 2013 15:20:07 GMT 201305171532007 Nick Mann Pensions News Regulation standards Page Reduced expectations for bond yields pushed the combined deficit of the UK's company pension schemes up to almost £700bn last month, according to Xafinity Corporate Solutions. http://www.theactuary.com/news/2013/05/uk-pension-deficits-nearing-700bn/ 344914 Tue, 07 May 2013 16:00:00 GMT 20130507160000 Tue, 07 May 2013 16:35:55 GMT 20130507163555 Wed, 08 May 2013 14:14:43 GMT 201305081421443 Nick Mann Pensions News Page More and more UK adults are becoming aware of the tax benefits of saving into a pension, according to research published by Standard Life yesterday. http://www.theactuary.com/news/2013/05/awareness-of-pensions-tax-relief-is-on-the-increase/ 344912 Tue, 07 May 2013 15:00:00 GMT 20130507150000 Tue, 07 May 2013 16:31:23 GMT 20130507163123 Tue, 07 May 2013 16:31:24 GMT 201305071643124 Nick Mann Pensions News Page A significant proportion of pension schemes around Europe are finding it hard to keep up with new regulatory developments, research published by State Street this week has found. http://www.theactuary.com/news/2013/05/european-pension-funds-struggling-to-keep-up-with-regulation/ 343968 Fri, 03 May 2013 15:00:00 GMT 20130503150000 Fri, 03 May 2013 15:27:45 GMT 20130503152745 Fri, 03 May 2013 15:27:47 GMT 201305031532747 Nick Mann Pensions News International Page Initiative in Ghana / Minute-long masterpiece / Lucky strike / Marathon man / Go end to end with Deloitte / Could you boost your local area/ Obituary http://www.theactuary.com/news/2013/social-news-round-up-may-2013/ 344732 Thu, 02 May 2013 15:00:00 GMT 20130502150000 Tue, 07 May 2013 12:05:59 GMT 20130507120559 Mon, 13 May 2013 12:13:31 GMT 2013051312121331 Henry Manners News people societies Page The majority of young motorists do not want to have their driving monitored to help set car insurance premiums even though they would benefit most from the move, according to research published by Deloitte yesterday. http://www.theactuary.com/news/2013/05/young-motorists-are-opposed-to-telematics-deloitte-finds/ 343686 Thu, 02 May 2013 11:00:00 GMT 20130502110000 Thu, 02 May 2013 11:59:27 GMT 20130502115927 Thu, 02 May 2013 11:59:27 GMT 2013050211115927 Nick Mann News Page GI Cost cutting will have an increasingly big role to play as the UK general insurance sector attempts to maintain its profitability over the next 12 months, Moody's said today. http://www.theactuary.com/news/2013/05/moodys-maintains-stable-outlook-for-uk-general-insurance-sector/ 343682 Thu, 02 May 2013 10:00:00 GMT 20130502100000 Thu, 02 May 2013 11:45:43 GMT 20130502114543 Thu, 02 May 2013 11:45:44 GMT 2013050211114544 Nick Mann News Page GI Top story Follow this link for a detailed description of the editor's role and to apply http://www.theactuary.com/news/2013/04/editor-advert/ 343513 Thu, 02 May 2013 00:00:00 GMT 20130502000000 Wed, 01 May 2013 17:12:08 GMT 20130501171208 Thu, 02 May 2013 09:56:22 GMT 201305020995622 Nick Mann News Page Over 300 employers have signed up to use the pension scheme established by government to help deliver auto-enrolment, it was revealed yesterday. http://www.theactuary.com/news/2013/05/nest-clocks-up-300-employer-members/ 343463 Wed, 01 May 2013 14:00:00 GMT 20130501140000 Wed, 01 May 2013 14:50:33 GMT 20130501145033 Wed, 01 May 2013 15:21:48 GMT 201305011532148 Nick Mann Pensions News Page Michael O'Higgins, the chair of The Pensions Regulator, has dismissed MPs' calls for a single regulator for workplace pensions. http://www.theactuary.com/news/2013/04/single-workplace-pensions-regulator-not-needed-says-ohiggins/ 343053 Tue, 30 Apr 2013 16:00:00 GMT 20130430160000 Tue, 30 Apr 2013 16:56:58 GMT 20130430165658 Tue, 30 Apr 2013 16:56:59 GMT 201304301645659 Nick Mann Pensions News Regulation standards Page The delayed implementation of new rules governing Europe's insurance industry, Solvency II, has come under fire from MPs and the head of the UK's Prudential Regulation Authority. http://www.theactuary.com/news/2013/04/solvency-ii-is-an-object-lesson-in-how-not-to-make-law/ 342614 Tue, 30 Apr 2013 05:00:00 GMT 20130430050000 Mon, 29 Apr 2013 15:53:59 GMT 20130429155359 Mon, 29 Apr 2013 15:53:59 GMT 201304291535359 Nick Mann News Regulation standards International Page GI Top story Top story (international) Reinsurance The cost of motor insurance for young women drivers has increased by 32% over the past six months due to the impact of a ban on gender-based pricing, according to figures published by Towers Watson. http://www.theactuary.com/news/2013/04/young-womens-motor-insurance-costs-up-by-a-third/ 342580 Mon, 29 Apr 2013 14:00:00 GMT 20130429140000 Mon, 29 Apr 2013 14:45:31 GMT 20130429144531 Mon, 29 Apr 2013 16:54:13 GMT 201304291645413 Nick Mann News Page GI A 'yes' vote for Scottish independence could have 'substantial' funding implications for pension scheme sponsors, according to a report published today by the Institute of Chartered Accountants of Scotland. http://www.theactuary.com/news/2013/04/scottish-independence-would-involve-major-pensions-costs/ 342123 Fri, 26 Apr 2013 12:00:00 GMT 20130426120000 Fri, 26 Apr 2013 12:47:55 GMT 20130426124755 Mon, 29 Apr 2013 14:54:54 GMT 201304291425454 Nick Mann Pensions News Regulation standards Page The aggregate deficit of the funds in the Local Government Pension Scheme has increased from £38bn to 'well over' £80bn over the past three years, KPMG said today. http://www.theactuary.com/news/2013/04/local-government-pension-deficit-has-doubled-since-2010/ 341927 Thu, 25 Apr 2013 14:00:00 GMT 20130425140000 Thu, 25 Apr 2013 14:51:07 GMT 20130425145107 Thu, 25 Apr 2013 14:51:08 GMT 201304251425108 Nick Mann Pensions News Page The average cost of both motor and home insurance fell during the first three months of this year, according to figures published by the AA today. http://www.theactuary.com/news/2013/04/car-and-home-insurance-premiums-continue-to-fall/ 341826 Thu, 25 Apr 2013 10:00:00 GMT 20130425100000 Thu, 25 Apr 2013 10:35:21 GMT 20130425103521 Thu, 25 Apr 2013 10:35:22 GMT 2013042510103522 Nick Mann News Page GI The government should look again at creating a single body with sole responsibility for regulating workplace pensions, MPs said today. http://www.theactuary.com/news/2013/04/single-regulator-is-needed-for-workplace-pensions-say-mps/ 341636 Thu, 25 Apr 2013 06:00:00 GMT 20130425060000 Wed, 24 Apr 2013 16:45:07 GMT 20130424164507 Fri, 26 Apr 2013 12:50:43 GMT 2013042612125043 Nick Mann Pensions News Page Four out of ten people retiring this year will still be providing ongoing financial support to their children and grandchildren, according to a study published today by the Prudential. http://www.theactuary.com/news/2013/04/parents-under-pressure-as-pensions-plummet/ 341643 Wed, 24 Apr 2013 16:00:00 GMT 20130424160000 Wed, 24 Apr 2013 17:00:32 GMT 20130424170032 Wed, 24 Apr 2013 17:00:32 GMT 201304241750032 Nick Mann Pensions News Page The size of pension pot needed to provide a man with an annual retirement income of £5,000 has increased by nearly a third since late 2009, official figures published today have revealed. http://www.theactuary.com/news/2013/04/cost-of-buying-5000-a-year-retirement-income-has-jumped-29/ 340987 Tue, 23 Apr 2013 16:00:00 GMT 20130423160000 Tue, 23 Apr 2013 16:47:16 GMT 20130423164716 Tue, 23 Apr 2013 16:47:16 GMT 201304231644716 Nick Mann Pensions Life insurance News Page The Department for Work and Pensions has published full details of the new system where pension pots will automatically follow people as they move from job to job. http://www.theactuary.com/news/2013/04/government-sets-out-pension-pot-follows-member-plans/ 340955 Tue, 23 Apr 2013 15:00:00 GMT 20130423150000 Tue, 23 Apr 2013 15:32:00 GMT 20130423153200 Tue, 23 Apr 2013 15:32:00 GMT 201304231533200 Nick Mann Pensions News Page Being an actuary has been ranked the best job in the US by recruitment website CareerCast.com, with the high pay, low stress and robust hiring prospects the role offers helping it to top the list of 200 occupations surveyed. http://www.theactuary.com/news/2013/04/actuary-tops-best-job-league-table-us-research-finds/ 340950 Tue, 23 Apr 2013 14:00:00 GMT 20130423140000 Tue, 23 Apr 2013 15:23:42 GMT 20130423152342 Wed, 24 Apr 2013 09:30:39 GMT 201304240993039 Nick Mann News Page Careers Top story Professional The Worshipful Company of Actuaries is organising a cycle ride in London on Sunday 19 May, as part of its charitable fund raising activities. http://www.theactuary.com/news/2013/04/charity-cycle-ride-on-yer-bike-more-riders-needed/ 340796 Mon, 22 Apr 2013 17:00:00 GMT 20130422170000 Mon, 22 Apr 2013 17:23:14 GMT 20130422172314 Mon, 22 Apr 2013 17:23:15 GMT 201304221752315 Henry Manners News Page The proportion of organisations worldwide that feel fully prepared to deal with the main risks they face has fallen over the past two years, according to research published by Aon Risk Solutions today. http://www.theactuary.com/news/2013/04/global-risk-readiness-has-fallen-since-2011-aon-survey-finds/ 340788 Mon, 22 Apr 2013 16:00:00 GMT 20130422160000 Mon, 22 Apr 2013 16:58:29 GMT 20130422165829 Mon, 22 Apr 2013 17:03:49 GMT 201304221750349 Nick Mann Risk & ERM News International Page Nick Salter, co-founder of actuarial consultancy Barnett Waddingham, has been chosen as President-elect of the Institute and Faculty of Actuaries. http://www.theactuary.com/news/2013/04/nick-salter-elected-as-institute-and-faculty-of-actuaries-president-elect/ 340762 Mon, 22 Apr 2013 15:00:00 GMT 20130422150000 Mon, 22 Apr 2013 15:04:56 GMT 20130422150456 Mon, 22 Apr 2013 15:58:16 GMT 201304221535816 Nick Mann News Page Top story Professional More than 300,000 workers have been automatically enrolled into a workplace pension scheme since October 2012, according to figures published by The Pensions Regulator today. http://www.theactuary.com/news/2013/04/over-300000-people-have-been-auto-enrolled/ 340476 Fri, 19 Apr 2013 17:00:00 GMT 20130419170000 Fri, 19 Apr 2013 17:25:37 GMT 20130419172537 Fri, 19 Apr 2013 17:25:40 GMT 201304191752540 Nick Mann Pensions News Page Dairy Crest has used the multi-million pound value of its maturing cheese reserves to back its pension scheme liabilities. http://www.theactuary.com/news/2013/04/dairy-crest-uses-cheese-to-address-pension-funding-concerns/ 340422 Fri, 19 Apr 2013 14:00:00 GMT 20130419140000 Fri, 19 Apr 2013 14:15:52 GMT 20130419141552 Fri, 19 Apr 2013 14:23:15 GMT 201304191422315 Nick Mann Pensions News Page Average insurance rates worldwide continued their slow but steady increase during the first three months of the year, Marsh said yesterday. http://www.theactuary.com/news/2013/04/global-insurance-rates-continuing-to-creep-up-says-marsh/ 340181 Thu, 18 Apr 2013 11:30:00 GMT 20130418113000 Thu, 18 Apr 2013 11:42:51 GMT 20130418114251 Mon, 22 Apr 2013 15:15:29 GMT 201304221531529 Nick Mann News International Page GI Top story (international) Companies involved in the life insurance market are accelerating the process of refocusing their operations and selling underperforming aspects of their business, according to Fitch. http://www.theactuary.com/news/2013/04/fitch-claims-life-insurance-market-restructuring-is-speeding-up/ 340180 Thu, 18 Apr 2013 10:00:00 GMT 20130418100000 Thu, 18 Apr 2013 11:36:52 GMT 20130418113652 Thu, 18 Apr 2013 11:36:52 GMT 2013041811113652 Nick Mann Life insurance News International Page Almost one-third of insurance companies have no plans to increase the link between their executive pay and risk, despite the importance they attach to risk management, Towers Watson has found. http://www.theactuary.com/news/2013/04/insurers-are-holding-back-on-risk-adjusted-pay-says-towers-watson/ 340177 Thu, 18 Apr 2013 09:00:00 GMT 20130418090000 Thu, 18 Apr 2013 11:31:30 GMT 20130418113130 Thu, 18 Apr 2013 11:31:31 GMT 2013041811113131 Nick Mann Risk & ERM News Page GI Pensions minister Steve Webb has urged employers to take advantage of the 'vital and untapped' potential older people could bring to the workforce. http://www.theactuary.com/news/2013/04/businesses-should-tap-into-older-workforce-says-webb/ 340060 Wed, 17 Apr 2013 14:00:00 GMT 20130417140000 Wed, 17 Apr 2013 15:00:36 GMT 20130417150036 Thu, 18 Apr 2013 11:48:45 GMT 2013041811114845 Nick Mann Pensions News Page Over half of people saving into a defined contribution pension don't believe their scheme will deliver an adequate retirement income, according to research published by Hymans Robertson today. http://www.theactuary.com/news/2013/04/savers-lack-confidence-in-their-dc-pensions/ 339846 Tue, 16 Apr 2013 13:00:00 GMT 20130416130000 Tue, 16 Apr 2013 13:36:22 GMT 20130416133622 Tue, 16 Apr 2013 13:36:24 GMT 201304161313624 Nick Mann Pensions News Page Five years of economic stagnation and volatility have forced UK small- and medium-sized enterprises to significantly change their approach and attitude to risk management, according to research published by insurer Zurich yesterday. http://www.theactuary.com/news/2013/04/financial-crisis-has-changed-smes-approach-to-risk/ 339787 Tue, 16 Apr 2013 11:00:00 GMT 20130416110000 Tue, 16 Apr 2013 12:05:41 GMT 20130416120541 Tue, 16 Apr 2013 12:20:20 GMT 2013041612122020 Nick Mann Risk & ERM News Page GI The number of late payments made by employers into their company pension schemes increased by more than a third last year, according to research published by Pinsent Masons today. http://www.theactuary.com/news/2013/04/employers-late-payments-into-pension-schemes-up-35/ 339691 Mon, 15 Apr 2013 17:00:00 GMT 20130415170000 Mon, 15 Apr 2013 17:25:14 GMT 20130415172514 Mon, 15 Apr 2013 17:25:16 GMT 201304151752516 Nick Mann Pensions News Page The next year is expected to see UK pension schemes continue to move their asset allocations away from equities and towards bonds and alternatives, according to research published by Aon Hewitt today. http://www.theactuary.com/news/2013/04/uk-pension-schemes-plan-further-shift-away-from-equities/ 339609 Mon, 15 Apr 2013 11:00:00 GMT 20130415110000 Mon, 15 Apr 2013 11:56:05 GMT 20130415115605 Wed, 17 Apr 2013 15:05:30 GMT 201304171530530 Nick Mann Pensions Investment News Page The first three months of this year saw the most deaths registered in a quarter for eight years, according to analysis of official figures published by Towers Watson today. http://www.theactuary.com/news/2013/04/first-quarter-sees-highest-deaths-total-since-2005-says-towers-watson/ 339264 Fri, 12 Apr 2013 15:00:00 GMT 20130412150000 Fri, 12 Apr 2013 15:19:12 GMT 20130412151912 Mon, 15 Apr 2013 12:00:29 GMT 2013041512120029 Nick Mann Pensions Life insurance News Page Health care The European Commission has been urged to consider abandoning its plans to overhaul European pension rules after a report published this week showed the 'potentially huge' impact of the planned changes. http://www.theactuary.com/news/2013/04/eu-should-consider-abandoning-pension-rules-overhaul/ 339208 Fri, 12 Apr 2013 12:00:00 GMT 20130412120000 Fri, 12 Apr 2013 12:14:27 GMT 20130412121427 Fri, 12 Apr 2013 12:14:28 GMT 2013041212121428 Nick Mann Topics Pensions News International Page Almost one quarter of UK adults has lost track of at least one of their pension schemes, according to research published today by Age UK. http://www.theactuary.com/news/2013/04/one-in-four-uk-adults-has-lost-track-of-a-pension-pot/ 338995 Thu, 11 Apr 2013 10:00:00 GMT 20130411100000 Thu, 11 Apr 2013 10:59:02 GMT 20130411105902 Fri, 12 Apr 2013 15:22:51 GMT 201304121532251 Nick Mann Pensions News Page Annuity rates increased by 3% in the first three months of the year, the first quarterly increase in the purchasing power of a pension pot in two years, MGM Advantage said yesterday. http://www.theactuary.com/news/2013/04/annuity-rates-up-3-in-first-quarter-of-2013/ 338838 Wed, 10 Apr 2013 15:00:00 GMT 20130410150000 Wed, 10 Apr 2013 15:03:46 GMT 20130410150346 Wed, 10 Apr 2013 15:03:47 GMT 201304101530347 Nick Mann Pensions News Page GI Sponsors and trustees of pension schemes agreeing new funding plans face having to either dramatically increase their contributions or leave their scheme in deficit for longer, Towers Watson said today. http://www.theactuary.com/news/2013/04/pension-schemes-face-tough-choices-when-agreeing-new-funding-plans/ 338801 Wed, 10 Apr 2013 12:00:00 GMT 20130410120000 Wed, 10 Apr 2013 12:18:37 GMT 20130410121837 Thu, 11 Apr 2013 11:05:40 GMT 2013041111110540 Nick Mann Pensions News Page UK companies could see their defined benefit pension scheme deficits soar by £150bn to a total of £450bn under proposed changes to European Union pensions legislation, the European Insurance and Occupational Pensions Authority has revealed. http://www.theactuary.com/news/2013/04/eu-pension-rule-changes-could-push-up-uk-deficits-to-450bn/ 338639 Tue, 09 Apr 2013 16:00:00 GMT 20130409160000 Tue, 09 Apr 2013 16:39:21 GMT 20130409163921 Wed, 10 Apr 2013 12:22:10 GMT 2013041012122210 Nick Mann Pensions News Regulation standards International Page Top story (international) The amount of capital held by reinsurers worldwide increased to a record $505bn last year as reinsurance companies more than recovered from the losses seen in 2011, Aon Benfield said today. http://www.theactuary.com/news/2013/04/global-reinsurer-capital-hits-record-505bn-in-2012/ 338598 Tue, 09 Apr 2013 13:00:00 GMT 20130409130000 Tue, 09 Apr 2013 14:00:28 GMT 20130409140028 Tue, 09 Apr 2013 16:44:27 GMT 201304091644427 Nick Mann News International Page GI Reinsurance Monte Carlo / Grocers' Hall event / Actuarial maths workshop / SIAS members get quizzical / SCOR / WCA golf day / Charity campaign reminder http://www.theactuary.com/news/2013/social-news-round-up-april-2013/ 338331 Mon, 08 Apr 2013 15:00:00 GMT 20130408150000 Mon, 08 Apr 2013 11:17:19 GMT 20130408111719 Tue, 09 Apr 2013 10:47:14 GMT 2013040910104714 Harriet Patience News people societies Page Over half of workers aged between 25-34 are planning to increase the amount they save towards their retirement in the next year, according to figures published today by the National Association of Pension Funds. http://www.theactuary.com/news/2013/04/younger-workers-most-likely-to-be-planning-pension-increase/ 337963 Mon, 08 Apr 2013 05:27:00 GMT 20130408052700 Fri, 05 Apr 2013 15:42:52 GMT 20130405154252 Tue, 09 Apr 2013 14:10:04 GMT 201304091421004 Nick Mann Pensions News Page Winter weather last month affected much of Europe, causing economic losses worth an estimated €1.8bn, Impact Forecasting said yesterday. http://www.theactuary.com/news/2013/04/europes-severe-winter-weather-in-march-cost-18bn/ 337938 Fri, 05 Apr 2013 14:00:00 GMT 20130405140000 Fri, 05 Apr 2013 14:39:52 GMT 20130405143952 Fri, 05 Apr 2013 14:39:53 GMT 201304051423953 Nick Mann Risk & ERM News International Page GI Environment The government should provide an updated assessment of the costs of creating a single-tier state pension after bringing forward the date for the change by a year, MPs said today. http://www.theactuary.com/news/2013/04/mps-call-for-fresh-look-at-state-pension-shake-up/ 337623 Thu, 04 Apr 2013 10:00:00 GMT 20130404100000 Thu, 04 Apr 2013 10:40:43 GMT 20130404104043 Thu, 04 Apr 2013 10:45:16 GMT 2013040410104516 Nick Mann Pensions News Regulation standards Page Top story The combined deficit of the pension plans run by US companies listed on the S&P 1500 index has fallen by $185bn since the turn of the year, according to figures published by Mercer today. http://www.theactuary.com/news/2013/04/us-pension-plan-deficits-have-fallen-30-so-far-in-2013/ 337454 Wed, 03 Apr 2013 15:00:00 GMT 20130403150000 Wed, 03 Apr 2013 15:20:29 GMT 20130403152029 Thu, 04 Apr 2013 10:56:58 GMT 2013040410105658 Nick Mann Pensions News International Page Top story (international) Falling returns are increasing the pressure on insurers to invest more in new asset classes such as infrastructure, according to ING Investment Management. http://www.theactuary.com/news/2013/04/insurers-are-increasing-focus-on-new-asset-classes-says-ing-im/ 337452 Wed, 03 Apr 2013 14:00:00 GMT 20130403140000 Wed, 03 Apr 2013 15:15:09 GMT 20130403151509 Wed, 03 Apr 2013 15:15:10 GMT 201304031531510 Nick Mann Investment News Page GI The combined deficit of the UK's private sector defined benefit pension schemes increased to £143bn last month, according to figures published by JLT Pension Capital Strategies today. http://www.theactuary.com/news/2013/04/uk-db-pension-schemes-deficit-rises-to-143bn/ 337253 Tue, 02 Apr 2013 16:30:00 GMT 20130402163000 Tue, 02 Apr 2013 16:38:04 GMT 20130402163804 Wed, 03 Apr 2013 15:33:13 GMT 201304031533313 Nick Mann Pensions News Page Pension schemes shifted almost £4.5bn of their liability risk onto insurers last year using buy-in and buy-out deals, according to new figures published by Hymans Robertson. http://www.theactuary.com/news/2013/04/pension-buy-in-and-buy-out-deals-hit-45bn-in-2012/ 337248 Tue, 02 Apr 2013 16:00:00 GMT 20130402160000 Tue, 02 Apr 2013 16:31:56 GMT 20130402163156 Tue, 02 Apr 2013 16:36:42 GMT 201304021643642 Nick Mann Pensions News Page GI Women retiring this year expect their annual retirement income to be more than a third lower than male retirees, according to research published by Prudential today. http://www.theactuary.com/news/2013/03/pensions-gender-gap-has-increased-by-13-says-prudential/ 336189 Wed, 27 Mar 2013 10:00:00 GMT 20130327100000 Wed, 27 Mar 2013 10:28:09 GMT 20130327102809 Tue, 02 Apr 2013 16:48:29 GMT 201304021644829 Nick Mann Pensions News Page Most defined contribution pension schemes are currently 'very badly designed' and are not modelled properly, according to a leading academic http://www.theactuary.com/news/2013/03/dc-plans-badly-designed-and-poorly-modelled/ 336071 Tue, 26 Mar 2013 17:00:00 GMT 20130326170000 Tue, 26 Mar 2013 16:48:19 GMT 20130326164819 Wed, 27 Mar 2013 09:08:53 GMT 201303270990853 Nick Mann Pensions News Page Pension contributions after auto-enrolment are predicted to fall by almost half, according to a survey published today by Buck Consultants. http://www.theactuary.com/news/2013/03/pension-pots-to-remain-largely-inadequate-post-auto-enrolment/ 335839 Mon, 25 Mar 2013 17:00:00 GMT 20130325170000 Mon, 25 Mar 2013 17:32:53 GMT 20130325173253 Wed, 27 Mar 2013 09:03:34 GMT 201303270990334 Nick Mann Pensions News Page The European Commission has been urged not to introduce new capital requirements for pension schemes which could limit the investment potential of funds. http://www.theactuary.com/news/2013/03/meps-warn-iorp-overhaul-could-jeopardise-pension-investment/ 335771 Mon, 25 Mar 2013 12:00:00 GMT 20130325120000 Mon, 25 Mar 2013 12:55:04 GMT 20130325125504 Wed, 27 Mar 2013 10:47:04 GMT 2013032710104704 Nick Mann Pensions News Regulation standards International Position Page Top story (international) Employers paid a record amount into the defined benefit pension schemes they run last year, according to Towers Watson's analysis of official figures published today. http://www.theactuary.com/news/2013/03/employer-contributions-to-db-pension-schemes-hit-record-level/ 335337 Fri, 22 Mar 2013 16:00:00 GMT 20130322160000 Fri, 22 Mar 2013 16:04:26 GMT 20130322160426 Mon, 25 Mar 2013 13:00:41 GMT 201303251310041 Nick Mann Pensions News Page The number of people aged 90 and over increased by 26% between 2002 and 2011, according to figures published yesterday by the Office for National Statistics. http://www.theactuary.com/news/2013/03/number-of-very-old-people-in-england-and-wales-up-26/ 335335 Fri, 22 Mar 2013 14:00:00 GMT 20130322140000 Fri, 22 Mar 2013 15:59:02 GMT 20130322155902 Fri, 22 Mar 2013 15:59:03 GMT 201303221535903 Nick Mann Pensions Life insurance News Page Health care Chancellor George Osborne has used his Budget to rule out plans to allow pension schemes to smooth the value of their assets and liabilities over a number of years in funding valuations. http://www.theactuary.com/news/2013/03/osborne-rules-out-smoothing-for-pension-scheme-valuations/ 334854 Wed, 20 Mar 2013 16:00:00 GMT 20130320160000 Wed, 20 Mar 2013 16:11:24 GMT 20130320161124 Fri, 22 Mar 2013 16:12:21 GMT 201303221641221 Nick Mann Pensions News Regulation standards Page Introducing the single state pension a year earlier than planned will net the government an extra £5.5bn in National Insurance revenue and benefit 400,000 women who were hit by an increase in the pension age last year, pensions minister Steve Webb said today. http://www.theactuary.com/news/2013/03/webb-confirms-single-state-pension-will-be-introduced-in-2016/ 334542 Tue, 19 Mar 2013 14:00:00 GMT 20130319140000 Tue, 19 Mar 2013 14:49:02 GMT 20130319144902 Wed, 20 Mar 2013 16:23:00 GMT 201303201642300 Nick Mann Pensions News Page The funding position of the pension schemes run by universities for their non-academic staff worsened last year, according to figures published by Barnett Waddingham today. http://www.theactuary.com/news/2013/03/university-pension-schemes-fall-further-into-deficit/ 334455 Tue, 19 Mar 2013 12:00:00 GMT 20130319120000 Tue, 19 Mar 2013 12:11:32 GMT 20130319121132 Tue, 19 Mar 2013 12:11:34 GMT 2013031912121134 Nick Mann Pensions News Page The majority of insurance companies have defined the level of risk they are willing to accept but most are yet to apply these limits across all aspects of their business, Towers Watson said today. http://www.theactuary.com/news/2013/03/insurance-firms-need-to-do-more-to-embed-risk-appetite/ 334225 Mon, 18 Mar 2013 15:00:00 GMT 20130318150000 Mon, 18 Mar 2013 15:34:46 GMT 20130318153446 Mon, 18 Mar 2013 15:34:51 GMT 201303181533451 Nick Mann Risk & ERM News Page GI Plans to introduce a new single tier state pension a year earlier than planned in 2016 could accelerate the closure of final salary pension schemes in the private sector, industry experts have claimed. http://www.theactuary.com/news/2013/03/faster-move-to-single-state-pension-could-close-final-salary-schemes/ 334168 Mon, 18 Mar 2013 11:00:00 GMT 20130318110000 Mon, 18 Mar 2013 11:54:39 GMT 20130318115439 Tue, 19 Mar 2013 14:54:54 GMT 201303191425454 Nick Mann Pensions News Page Health care UK defined benefit pension schemes saw their combined deficits fall by £70bn to stand at £551bn last month, according to figures published by Xafinity Consulting today http://www.theactuary.com/news/2013/03/deficit-decrease-could-be-false-dawn-says-xafinity/ 333753 Fri, 15 Mar 2013 15:00:00 GMT 20130315150000 Fri, 15 Mar 2013 15:58:17 GMT 20130315155817 Fri, 15 Mar 2013 15:58:18 GMT 201303151535818 Henry Manners Pensions News Page Britain is 'woefully underprepared' for the consequences of an ageing society and could face a series of age-related crises, a House of Lords committee warned today http://www.theactuary.com/news/2013/03/country-not-ready-for-ageing-population/ 333530 Thu, 14 Mar 2013 12:00:00 GMT 20130314120000 Thu, 14 Mar 2013 12:05:49 GMT 20130314120549 Mon, 18 Mar 2013 11:58:58 GMT 2013031811115858 Nick Mann Pensions News Page Around 200,000 people buying an annuity this year could miss out on a combined retirement income in excess of £200m because of not shopping around for the best deal, MGM Advantage said yesterday. http://www.theactuary.com/news/2013/03/not-shopping-for-an-annuity-could-cost-this-years-retirees-237m/ 333412 Wed, 13 Mar 2013 16:15:00 GMT 20130313161500 Wed, 13 Mar 2013 16:29:04 GMT 20130313162904 Wed, 13 Mar 2013 16:29:04 GMT 201303131642904 Nick Mann Pensions Life insurance News Page GI Independent medical assessments and an increase in the small claims threshold are among the measures the Association of British Insurers has proposed today in a bid to address the rapid increase in whiplash claims seen in recent years. http://www.theactuary.com/news/2013/03/insurers-set-out-plans-to-curb-whiplash-claims-epidemic/ 333403 Wed, 13 Mar 2013 15:00:00 GMT 20130313150000 Wed, 13 Mar 2013 15:45:28 GMT 20130313154528 Thu, 14 Mar 2013 12:16:32 GMT 2013031412121632 Henry Manners News Page GI The head of the European pensions regulator has confirmed that further work will be needed to measure the impact of proposed changes to European Union workplace pensions legislation. http://www.theactuary.com/news/2013/03/regulator-maps-out-next-steps-for-eu-pensions-overhaul/ 333218 Tue, 12 Mar 2013 12:19:00 GMT 20130312121900 Tue, 12 Mar 2013 12:37:03 GMT 20130312123703 Tue, 12 Mar 2013 12:37:03 GMT 2013031212123703 Nick Mann Pensions News Regulation standards International Page Top story Top story (international) Sales of annuities which offer variable levels of payout depending on how they are invested reached a record £1.42bn in the UK last year, Towers Watson revealed today. http://www.theactuary.com/news/2013/03/variable-annuity-sales-reach-record-level/ 333216 Tue, 12 Mar 2013 12:00:00 GMT 20130312120000 Tue, 12 Mar 2013 12:23:59 GMT 20130312122359 Tue, 12 Mar 2013 12:26:52 GMT 2013031212122652 Nick Mann Pensions Life insurance News Page GI The proportion of the UK's leading companies whose defined benefit pension scheme is in surplus is continuing to fall, JLT Pension Capital Strategies said today. http://www.theactuary.com/news/2013/03/just-13-ftse-100-firms-have-a-pension-surplus-says-jlt/ 332967 Mon, 11 Mar 2013 16:00:00 GMT 20130311160000 Mon, 11 Mar 2013 16:36:34 GMT 20130311163634 Mon, 11 Mar 2013 16:36:34 GMT 201303111643634 Nick Mann Pensions Investment News Page The early signs are that pensions auto-enrolment has been a 'stunning success', Pensions Minister Steve Webb has claimed. http://www.theactuary.com/news/2013/03/webb-hails-stunning-success-of-auto-enrolment/ 332927 Mon, 11 Mar 2013 15:00:00 GMT 20130311150000 Mon, 11 Mar 2013 15:05:28 GMT 20130311150528 Tue, 12 Mar 2013 12:45:21 GMT 2013031212124521 Nick Mann Pensions News Page The vast majority of the assets in the default funds used by the UK's leading companies' defined contribution pension schemes are invested in equities, according to research published by Schroders yesterday. http://www.theactuary.com/news/2013/03/dc-pension-default-funds-overwhelmingly-invested-in-equities/ 332754 Fri, 08 Mar 2013 16:00:00 GMT 20130308160000 Fri, 08 Mar 2013 16:55:11 GMT 20130308165511 Fri, 08 Mar 2013 16:55:12 GMT 201303081645512 Nick Mann Pensions Investment News Page Government plans to allow pension schemes to 'smooth' the value of their assets and liabilities over a number of years could do 'more harm than good' the National Association of Pension Funds claimed yesterday. http://www.theactuary.com/news/2013/03/smoothing-assets-and-liabilities-could-backfire-pension-funds-warn/ 332683 Fri, 08 Mar 2013 10:00:00 GMT 20130308100000 Fri, 08 Mar 2013 10:36:47 GMT 20130308103647 Mon, 11 Mar 2013 15:09:54 GMT 201303111530954 Nick Mann Pensions News Page Scottish independence will increase the cost of pension provision for employers and could mean they require support from the state, Xafinity has warned. http://www.theactuary.com/news/2013/03/independence-will-push-up-scottish-employers-pension-costs/ 332589 Thu, 07 Mar 2013 13:00:00 GMT 20130307130000 Thu, 07 Mar 2013 13:11:40 GMT 20130307131140 Fri, 08 Mar 2013 10:40:47 GMT 2013030810104047 Nick Mann Pensions News Page Local authority pension funds will be able to double the amount they can invest in infrastructure projects from the beginning of next month, under plans confirmed by ministers yesterday. http://www.theactuary.com/news/2013/03/limit-on-council-pension-fund-infrastructure-investment-doubled/ 332576 Thu, 07 Mar 2013 12:00:00 GMT 20130307120000 Thu, 07 Mar 2013 12:31:28 GMT 20130307123128 Thu, 07 Mar 2013 12:31:29 GMT 2013030712123129 Nick Mann Pensions Investment News Page The UK is making good progress towards developing a sustainable defined contribution pension system but must do more to focus on providing adequate outcomes for savers, the Organisation for Economic Co-operation and Development said yesterday. http://www.theactuary.com/news/2013/03/dc-pensions-must-be-refined-to-produce-good-outcomes-says-oecd/ 331892 Wed, 06 Mar 2013 11:00:00 GMT 20130306110000 Wed, 06 Mar 2013 11:46:48 GMT 20130306114648 Thu, 07 Mar 2013 13:18:08 GMT 201303071311808 Nick Mann Pensions News International Page Introducing a one year minimum learning period and a zero blood alcohol limit for young drivers could help to reduce their motor insurance premiums by between 15-20%, the Association of British Insurers claimed today. http://www.theactuary.com/news/2013/03/safe-driver-plans-could-cut-young-drivers-premiums-by-20-says-abi/ 331718 Tue, 05 Mar 2013 11:00:00 GMT 20130305110000 Tue, 05 Mar 2013 11:40:50 GMT 20130305114050 Thu, 07 Mar 2013 14:14:53 GMT 201303071421453 Nick Mann News Page GI The European Union's insurance regulator has called on member states to take a co-ordinated approach to address the damage that persistently low interest rates are causing to the insurance industry. http://www.theactuary.com/news/2013/03/eiopa-urges-action-to-address-impact-of-low-interest-rates-on-insurers/ 331702 Tue, 05 Mar 2013 10:00:00 GMT 20130305100000 Tue, 05 Mar 2013 10:45:48 GMT 20130305104548 Wed, 06 Mar 2013 11:52:22 GMT 2013030611115222 Nick Mann Pensions Life insurance News Regulation standards International Page GI Pension funds have warned the UK's leading 350 companies they could face shareholder opposition if the pay increases and bonus payments they make to executives aren't justified by long-term performance. http://www.theactuary.com/news/2013/03/pension-funds-call-for-ftse-350-boardroom-pay-restraint/ 331563 Mon, 04 Mar 2013 11:00:00 GMT 20130304110000 Mon, 04 Mar 2013 11:49:26 GMT 20130304114926 Tue, 05 Mar 2013 10:51:22 GMT 2013030510105122 Nick Mann Pensions Investment News Page Monte Carlo / Grocers' Hall event / Actuarial maths workshop / SIAS members get quizzical / SCOR / WCA golf day / Charity campaign reminder http://www.theactuary.com/news/2013/02/social-news-round-up-march-2013/ 333587 Fri, 01 Mar 2013 15:00:00 GMT 20130301150000 Thu, 14 Mar 2013 17:06:30 GMT 20130314170630 Fri, 15 Mar 2013 10:04:53 GMT 2013031510100453 Henry Manners News people societies Page The UK's defined benefit pension schemes saw their deficits fall slightly last month as they emerged 'relatively unscathed' from Moody's decision to downgrade the country's triple-A credit rating, JLT Pension Capital Strategies said today. http://www.theactuary.com/news/2013/03/pension-schemes-relatively-unscathed-by-uk-downgrade/ 331392 Fri, 01 Mar 2013 13:00:00 GMT 20130301130000 Fri, 01 Mar 2013 13:32:26 GMT 20130301133226 Mon, 04 Mar 2013 11:54:58 GMT 2013030411115458 Nick Mann Pensions News Page Torbjörn Magnusson (pictured), president and chief executive officer of If P&C Insurance, Sweden, has been elected vice-president of Insurance Europe http://www.theactuary.com/news/2013/03/people-moves-march/ 333585 Fri, 01 Mar 2013 09:00:00 GMT 20130301090000 Thu, 14 Mar 2013 16:58:46 GMT 20130314165846 Thu, 14 Mar 2013 16:58:47 GMT 201303141645847 Henry Manners Pensions News people Page Careers The Pensions Regulator has announced plans to check whether pension schemes are meeting its data-keeping standards. http://www.theactuary.com/news/2013/02/regulator-launches-pension-scheme-data-keeping-probe/ 331243 Thu, 28 Feb 2013 10:00:00 GMT 20130228100000 Thu, 28 Feb 2013 10:53:58 GMT 20130228105358 Thu, 28 Feb 2013 10:53:58 GMT 2013022810105358 Nick Mann Pensions News Regulation standards Page More than 50% of workers either plan to opt out of pensions auto-enrolment or are undecided about whether or not they will remain signed up to their workplace scheme, according to figures published by Aviva today. http://www.theactuary.com/news/2013/02/over-half-might-opt-out-of-auto-enrolment-survey-finds/ 331118 Wed, 27 Feb 2013 12:00:00 GMT 20130227120000 Wed, 27 Feb 2013 12:13:49 GMT 20130227121349 Fri, 01 Mar 2013 13:36:40 GMT 201303011313640 Nick Mann Pensions News Page There has been a 'significant increase' in employers' awareness and understanding of pensions automatic enrolment, The Pensions Regulator said today. http://www.theactuary.com/news/2013/02/employers-awareness-of-pensions-auto-enrolment-is-on-the-rise/ 330997 Tue, 26 Feb 2013 15:00:00 GMT 20130226150000 Tue, 26 Feb 2013 15:24:07 GMT 20130226152407 Tue, 26 Feb 2013 15:25:57 GMT 201302261532557 Nick Mann Pensions News Page The Association of British Insurers has formally launched a new code of conduct to make it easier for retirees to make the right choices when they use their pension pot to buy an annuity. http://www.theactuary.com/news/2013/02/insurance-industry-launches-annuity-code-of-conduct/ 330943 Tue, 26 Feb 2013 12:00:00 GMT 20130226120000 Tue, 26 Feb 2013 12:10:22 GMT 20130226121022 Wed, 27 Feb 2013 12:19:31 GMT 2013022712121931 Nick Mann Pensions News Regulation standards Page GI Almost one-third of the UK adult population are not currently saving for their future, suggesting a 'bleak future' for their ability to cope with future financial shocks, Scottish Widows said today. http://www.theactuary.com/news/2013/02/one-third-of-uk-adults-are-not-saving-for-the-future/ 330825 Mon, 25 Feb 2013 15:00:00 GMT 20130225150000 Mon, 25 Feb 2013 15:15:38 GMT 20130225151538 Mon, 25 Feb 2013 15:49:25 GMT 201302251534925 Nick Mann Pensions Life insurance News Page Soaring liabilities have forced UK pension schemes to extend their long-term timescales for de-risking or achieving self-sufficiency by 18 months since 2009, according to research published by Aon Hewitt today. http://www.theactuary.com/news/2013/02/pension-schemes-push-back-risk-reduction-targets/ 330822 Mon, 25 Feb 2013 14:00:00 GMT 20130225140000 Mon, 25 Feb 2013 15:08:02 GMT 20130225150802 Tue, 26 Feb 2013 12:14:09 GMT 2013022612121409 Nick Mann Pensions News Page Membership of workplace pension schemes dropped to 46% last year, its lowest level since records began in 1997, according to figures published today by the Office for National Statistics. http://www.theactuary.com/news/2013/02/workplace-pension-membership-slumps-to-15-year-low/ 330659 Fri, 22 Feb 2013 15:00:00 GMT 20130222150000 Fri, 22 Feb 2013 15:46:02 GMT 20130222154602 Mon, 25 Feb 2013 15:55:44 GMT 201302251535544 Nick Mann Pensions News Page Over 50% of pensioners are missing out on hundreds of pounds a year of state benefits they are entitled to, according to research published by Just Retirement Solutions yesterday. http://www.theactuary.com/news/2013/02/half-of-pensioners-missing-out-on-state-benefits/ 330473 Thu, 21 Feb 2013 11:45:00 GMT 20130221114500 Thu, 21 Feb 2013 11:51:22 GMT 20130221115122 Thu, 21 Feb 2013 11:51:22 GMT 2013022111115122 Nick Mann Pensions Life insurance News Page A key vote which is needed for the new rules governing Europe's insurance industry, Solvency II, to be finalised has been delayed again. http://www.theactuary.com/news/2013/02/key-solvency-ii-vote-pushed-back-until-october/ 330470 Thu, 21 Feb 2013 11:00:00 GMT 20130221110000 Thu, 21 Feb 2013 11:45:26 GMT 20130221114526 Thu, 21 Feb 2013 11:56:08 GMT 2013022111115608 Nick Mann Life insurance News Regulation standards International Page GI Top story Reinsurance The average UK retiree will run out of savings just over a third of the way through their retirement, according to a report published by HSBC today. http://www.theactuary.com/news/2013/02/uk-faces-worst-retirement-savings-shortfall-says-hsbc/ 330333 Wed, 20 Feb 2013 12:00:00 GMT 20130220120000 Wed, 20 Feb 2013 12:11:19 GMT 20130220121119 Thu, 21 Feb 2013 11:49:55 GMT 2013022111114955 Nick Mann Pensions Life insurance News Page UK sales of annuities which offer bigger pensions for retirees with serious medical conditions or unhealthy lifestyles exceeded £4bn for the first time last year, Towers Watson revealed yesterday. http://www.theactuary.com/news/2013/02/enhanced-annuity-sales-break-4bn-barrier/ 330242 Tue, 19 Feb 2013 15:00:00 GMT 20130219150000 Tue, 19 Feb 2013 15:19:19 GMT 20130219151919 Tue, 19 Feb 2013 15:19:19 GMT 201302191531919 Nick Mann Pensions Life insurance News Page GI A total of ten pension funds are now signed up to a government-backed scheme to provide investment capital for major infrastructure projects. http://www.theactuary.com/news/2013/02/ten-pension-funds-signed-up-to-infrastructure-platform/ 330240 Tue, 19 Feb 2013 14:00:00 GMT 20130219140000 Tue, 19 Feb 2013 15:10:26 GMT 20130219151026 Wed, 20 Feb 2013 12:19:32 GMT 2013022012121932 Nick Mann Pensions Investment News Page Insurance claims resulting from flood and storm damage reached £1.19bn last year, the highest since 2007, the Association of British Insurers revealed today. http://www.theactuary.com/news/2013/02/flood-payouts-topped-1bn-last-year-say-uk-insurers/ 329859 Fri, 15 Feb 2013 12:17:00 GMT 20130215121700 Fri, 15 Feb 2013 12:27:57 GMT 20130215122757 Fri, 15 Feb 2013 12:27:57 GMT 2013021512122757 Nick Mann Risk & ERM News Page GI Environment This week's government announcement on social care costs should trigger a discussion on whether pension savings can be used to fund the cost of long-term care, according to the Institute and Faculty of Actuaries. http://www.theactuary.com/news/2013/02/time-is-right-to-look-at-using-pensions-to-fund-care-say-actuaries/ 329850 Fri, 15 Feb 2013 12:00:00 GMT 20130215120000 Fri, 15 Feb 2013 12:02:13 GMT 20130215120213 Tue, 19 Feb 2013 15:17:52 GMT 201302191531752 Nick Mann Pensions Life insurance News Page Health care Europe's general insurance sector saw its profits fall by £19bn between 2007 and 2011, according to analysis published by PricewaterhouseCoopers yesterday. http://www.theactuary.com/news/2013/02/insurers-profits-take-19bn-hit-following-pre-crash-high/ 329710 Thu, 14 Feb 2013 11:00:00 GMT 20130214110000 Thu, 14 Feb 2013 11:36:57 GMT 20130214113657 Thu, 14 Feb 2013 11:42:07 GMT 2013021411114207 Nick Mann Life insurance News International Page GI Savers are being warned against using schemes that promise to release their retirement cash before they reach 55 in a new campaign launched by government and The Pensions Regulator today. http://www.theactuary.com/news/2013/02/regulator-warns-over-pension-liberation-predators/ 329703 Thu, 14 Feb 2013 10:00:00 GMT 20130214100000 Thu, 14 Feb 2013 11:27:26 GMT 20130214112726 Fri, 15 Feb 2013 12:07:55 GMT 2013021512120755 Nick Mann Pensions News Regulation standards Page The aggregate deficit of the UK's defined benefit pension schemes fell by £33bn last month as 'significant' equity market gains drove up the value of scheme assets, the Pension Protection Fund revealed yesterday. http://www.theactuary.com/news/2013/02/pension-fund-deficits-fell-33bn-in-january/ 329637 Wed, 13 Feb 2013 15:00:00 GMT 20130213150000 Wed, 13 Feb 2013 15:09:38 GMT 20130213150938 Wed, 13 Feb 2013 15:09:39 GMT 201302131530939 Nick Mann Pensions News Page Uncertainty over how long-term investments by insurers will be treated under Solvency II will need to be addressed before insurers increase their role in financing key UK infrastructure projects, a Treasury minister said today. http://www.theactuary.com/news/2013/02/insurers-need-solvency-ii-certainty-says-treasury-minister/ 329512 Tue, 12 Feb 2013 16:00:00 GMT 20130212160000 Tue, 12 Feb 2013 16:12:05 GMT 20130212161205 Tue, 12 Feb 2013 16:12:05 GMT 201302121641205 Nick Mann Investment News Regulation standards International Page GI Top story UBS has been fined £9.45m by the Financial Services Authority for exposing customers to an 'unacceptable risk' and for failing to deal properly with complaints when it sold an AIG investment fund. http://www.theactuary.com/news/2013/02/swiss-bank-fined-9m-for-fund-failings/ 329470 Tue, 12 Feb 2013 14:00:00 GMT 20130212140000 Tue, 12 Feb 2013 14:01:20 GMT 20130212140120 Tue, 12 Feb 2013 14:01:21 GMT 201302121420121 Nick Mann News Regulation standards International Page GI The European Commission has been urged to dramatically reconsider the approach it plans to use to measure all aspects of a pension scheme's financial situation as part of an overhaul of European pensions legislation. http://www.theactuary.com/news/2013/02/european-pension-reform-plans-are-unworkable/ 329340 Mon, 11 Feb 2013 16:00:00 GMT 20130211160000 Mon, 11 Feb 2013 16:19:00 GMT 20130211161900 Tue, 12 Feb 2013 16:17:31 GMT 201302121641731 Nick Mann Pensions News Regulation standards International Page Top story (international) Restrictions on who can join the pension scheme set up by the government as part of auto-enrolment should be ended now, MPs said today. http://www.theactuary.com/news/2013/02/mps-call-for-nest-restrictions-to-be-ended-immediately/ 329038 Mon, 11 Feb 2013 06:00:00 GMT 20130211060000 Fri, 08 Feb 2013 16:32:40 GMT 20130208163240 Mon, 11 Feb 2013 16:28:25 GMT 201302111642825 Nick Mann Pensions News Regulation standards Page Executive pay should be more closely aligned with the long-term performance of a business, the National Association of Pension Funds said yesterday. http://www.theactuary.com/news/2013/02/pension-funds-call-for-major-rethink-on-executive-pay/ 329020 Fri, 08 Feb 2013 15:00:00 GMT 20130208150000 Fri, 08 Feb 2013 15:02:37 GMT 20130208150237 Fri, 08 Feb 2013 15:02:38 GMT 201302081530238 Nick Mann Pensions Investment News Page Severe flooding in Australia and Indonesia last month caused estimated economic losses of around $6bn, according to a report published by Aon Benfield yesterday. http://www.theactuary.com/news/2013/02/january-floods-in-australia-and-indonesia-cost-6bn/ 329010 Fri, 08 Feb 2013 14:00:00 GMT 20130208140000 Fri, 08 Feb 2013 14:11:34 GMT 20130208141134 Fri, 08 Feb 2013 14:11:36 GMT 201302081421136 Nick Mann Risk & ERM News International Page GI Reinsurance Environment A significant increase in the number of over-50s becoming self-employed shows that more and more people cannot afford to retire, according to Barnett Waddingham consultant Malcolm McLean. http://www.theactuary.com/news/2013/02/rise-in-self-employment-shows-people-cant-afford-to-retire/ 328770 Thu, 07 Feb 2013 11:30:00 GMT 20130207113000 Thu, 07 Feb 2013 11:59:40 GMT 20130207115940 Thu, 07 Feb 2013 11:59:40 GMT 2013020711115940 Nick Mann Pensions News Page Political commitment on all sides is needed to tackle the rising risk of flooding, the Association of British Insurers said today. http://www.theactuary.com/news/2013/02/insurers-call-for-cross-party-consensus-to-tackle-flood-risk/ 328764 Thu, 07 Feb 2013 11:00:00 GMT 20130207110000 Thu, 07 Feb 2013 11:34:48 GMT 20130207113448 Thu, 07 Feb 2013 11:50:30 GMT 2013020711115030 Harriet Patience News Page Top story The combined deficit of the UK's 350 leading companies' pension schemes increased by £13bn last month, according to figures published by Mercer today. http://www.theactuary.com/news/2013/02/ftse-350-pension-deficits-up-13bn-despite-equity-improvement/ 328557 Wed, 06 Feb 2013 11:00:00 GMT 20130206110000 Wed, 06 Feb 2013 11:38:09 GMT 20130206113809 Thu, 07 Feb 2013 10:44:37 GMT 2013020710104437 Nick Mann Pensions News Page Top story The 'unprecedented' number of challenges facing the mining industry this year means companies operating in the sector must check their risk and insurance requirements more frequently and dynamically, Willis said today. http://www.theactuary.com/news/2013/02/mining-firms-need-more-dynamic-approach-to-risk/ 328492 Tue, 05 Feb 2013 17:00:00 GMT 20130205170000 Tue, 05 Feb 2013 17:03:57 GMT 20130205170357 Tue, 05 Feb 2013 17:03:58 GMT 201302051750358 Nick Mann News Page GI Environment The vast majority of people nearing retirement have made little or no increase to their pension contributions since they started saving, according to research published by Friends Life. http://www.theactuary.com/news/2013/02/two-thirds-of-over-50s-have-never-increased-pension-contributions/ 328426 Tue, 05 Feb 2013 12:00:00 GMT 20130205120000 Tue, 05 Feb 2013 12:34:38 GMT 20130205123438 Wed, 06 Feb 2013 11:43:08 GMT 2013020611114308 Nick Mann Pensions News Page The cost of meeting public sector pension payouts could be over £9bn a year higher than government forecasts, according to a report published by the Centre for Policy Studies today. http://www.theactuary.com/news/2013/02/public-sector-pensions-could-cost-taxpayer-41bn-a-year/ 328286 Mon, 04 Feb 2013 12:00:00 GMT 20130204120000 Mon, 04 Feb 2013 12:57:29 GMT 20130204125729 Mon, 04 Feb 2013 12:57:30 GMT 2013020412125730 Nick Mann Pensions News Page Taking pensioners' health and lifestyle into account could reduce the cost of de-risking a defined benefit pension scheme by 10% or more, according to research published today by The Pensions Institute. http://www.theactuary.com/news/2013/02/medical-underwriting-could-cut-de-risking-costs-by-over-10/ 328283 Mon, 04 Feb 2013 11:00:00 GMT 20130204110000 Mon, 04 Feb 2013 12:49:58 GMT 20130204124958 Tue, 05 Feb 2013 12:41:37 GMT 2013020512124137 Nick Mann Pensions Life insurance News Page Health care Risk management is a growing and diverse field that is well suited to actuaries. It offers many exciting challenges and opportunities for those who show they can make the grade. http://www.theactuary.com/news/2013/02/new-experience-route-to-cera/ 329338 Fri, 01 Feb 2013 23:00:00 GMT 20130201230000 Mon, 11 Feb 2013 16:11:57 GMT 20130211161157 Tue, 12 Feb 2013 15:48:43 GMT 201302121534843 Nick Mann Risk & ERM News Page Chancellor George Osborne's Autumn Statement mentioned that the Department for Work and Pensions will be consulting on a new statutory objective for the Pensions Regulator to consider the long-term affordability of deficit recovery plans, and whether to allow companies undergoing scheme valuations in 2013 or later to smooth asset and liability values. http://www.theactuary.com/news/2013/02/pension-scheme-funding-implications-ofthe-chancellors-autumn-statement/ 329339 Fri, 01 Feb 2013 23:00:00 GMT 20130201230000 Mon, 11 Feb 2013 16:18:49 GMT 20130211161849 Tue, 12 Feb 2013 15:47:40 GMT 201302121534740 Nick Mann Pensions Investment News Regulation standards Page The total value of the assets held by pension funds in the world's 13 biggest markets increased to a record high of just under $30 trillion last year, according to figures published by Towers Watson yesterday. http://www.theactuary.com/news/2013/02/global-pension-fund-assets-reach-record-30trn/ 328060 Fri, 01 Feb 2013 12:00:00 GMT 20130201120000 Fri, 01 Feb 2013 12:11:17 GMT 20130201121117 Fri, 01 Feb 2013 12:11:18 GMT 2013020112121118 Nick Mann Pensions Investment News International Page Running for their lives/ New events series for London Market Student Group/ WCA: On yer bike / Ever the Evertonian/ New year honour for Llanwarne/ Charity award: call for nominations/ Announcements: Marriages, Obituaries & Births http://www.theactuary.com/news/2013/02/social-news-round-up-jan-feb-2013/ 330249 Fri, 01 Feb 2013 10:00:00 GMT 20130201100000 Tue, 19 Feb 2013 15:41:59 GMT 20130219154159 Tue, 19 Feb 2013 15:47:05 GMT 201302191534705 Henry Manners News people profession societies Page The majority of small and medium-sized employers with an existing pension scheme oppose moves to encourage scheme consolidation, according to research published by the Association of Consulting Actuaries today. http://www.theactuary.com/news/2013/02/small-firms-lukewarm-over-push-towards-bigger-schemes-aca-finds/ 327973 Fri, 01 Feb 2013 05:00:00 GMT 20130201050000 Thu, 31 Jan 2013 17:09:03 GMT 20130131170903 Mon, 04 Feb 2013 12:54:26 GMT 2013020412125426 Nick Mann Pensions News Page The Financial Services Authority has begun investigating whether retirees are getting a fair deal when they use their pension pot to purchase an annuity. http://www.theactuary.com/news/2013/01/city-watchdog-launches-annuity-market-probe/ 327880 Thu, 31 Jan 2013 11:00:00 GMT 20130131110000 Thu, 31 Jan 2013 11:27:22 GMT 20130131112722 Thu, 31 Jan 2013 11:27:22 GMT 2013013111112722 Nick Mann Pensions Life insurance News Regulation standards Page Top story The number of people being contacted by a claims company or personal injury lawyer after being injured in a car accident has increased by 52% since 2010, despite accident rates falling, LV= said today. http://www.theactuary.com/news/2013/01/claims-companies-are-increasing-pressure-on-crash-victims-says-lv/ 327879 Thu, 31 Jan 2013 10:00:00 GMT 20130131100000 Thu, 31 Jan 2013 11:13:11 GMT 20130131111311 Thu, 31 Jan 2013 11:13:12 GMT 2013013111111312 Nick Mann News Page GI This year is set to be as 'difficult and uncertain' as 2012 for the sponsors of defined benefit pension schemes, according to Xafinity Corporate Solutions. http://www.theactuary.com/news/2013/01/pension-funds-face-a-difficult-and-uncertain-2013/ 327791 Wed, 30 Jan 2013 16:00:00 GMT 20130130160000 Wed, 30 Jan 2013 16:12:54 GMT 20130130161254 Wed, 30 Jan 2013 16:12:55 GMT 201301301641255 Nick Mann Pensions News Page Nearly half of company audit committee members believe their employer's risk management programme needs 'substantial work', according to research published by KPMG yesterday. http://www.theactuary.com/news/2013/01/audit-committees-have-significant-concerns-over-risk-says-kpmg/ 327782 Wed, 30 Jan 2013 15:00:00 GMT 20130130150000 Wed, 30 Jan 2013 15:39:35 GMT 20130130153935 Wed, 30 Jan 2013 15:39:37 GMT 201301301533937 Nick Mann Risk & ERM News Page Home insurance premiums remained largely unchanged in the last three months of 2012 but a flurry of claims related to recent severe weather will push up the cost of cover in the early part of this year, according to the AA. http://www.theactuary.com/news/2013/01/severe-weather-claims-set-to-push-up-home-insurance-premiums/ 327729 Wed, 30 Jan 2013 11:00:00 GMT 20130130110000 Wed, 30 Jan 2013 11:49:27 GMT 20130130114927 Thu, 31 Jan 2013 11:31:42 GMT 2013013111113142 Nick Mann News Page GI Reinsurance Environment A potential surge in demand for pension buyouts could create a bottleneck in deals that makes it 'imperative' schemes develop a contingency plan, Aon Hewitt said today. http://www.theactuary.com/news/2013/01/buyout-rush-means-pension-schemes-need-a-back-up-plan/ 327583 Tue, 29 Jan 2013 15:00:00 GMT 20130129150000 Tue, 29 Jan 2013 15:34:51 GMT 20130129153451 Tue, 29 Jan 2013 15:34:51 GMT 201301291533451 Nick Mann Pensions Risk & ERM News Page GI Efforts to finalise new rules for Europe's insurance industry could be delayed further by the launch of a study assessing the impact they will have on long-term guarantees. KPMG has warned. http://www.theactuary.com/news/2013/01/impact-study-could-spell-further-delays-for-solvency-ii/ 327551 Tue, 29 Jan 2013 14:00:00 GMT 20130129140000 Tue, 29 Jan 2013 14:03:49 GMT 20130129140349 Wed, 30 Jan 2013 11:55:28 GMT 2013013011115528 Nick Mann Life insurance News Regulation standards International Page GI The European Insurance and Occupational Pensions Authority has begun testing how Solvency II could impact on products with long-term guarantees offered by both life and non-life insurers. http://www.theactuary.com/news/2013/01/eiopa-launches-long-term-guarantee-exercise-for-solvency-ii/ 327336 Mon, 28 Jan 2013 15:00:00 GMT 20130128150000 Mon, 28 Jan 2013 15:24:21 GMT 20130128152421 Tue, 29 Jan 2013 14:09:00 GMT 201301291420900 Nick Mann Life insurance News Regulation standards International Page GI Top story (international) Low interest rates and slow economic growth will make 2013 a difficult year for the global life insurance sector, Moody's said today. http://www.theactuary.com/news/2013/01/low-growth-and-interest-rates-weigh-heavy-on-life-sector-says-moodys/ 327324 Mon, 28 Jan 2013 14:00:00 GMT 20130128140000 Mon, 28 Jan 2013 14:15:19 GMT 20130128141519 Mon, 28 Jan 2013 14:15:20 GMT 201301281421520 Nick Mann Life insurance News International Page GI Only 13% of private sector defined benefit pension schemes were open to new members last year, down a third from the year before, according to research published by the National Association of Pension Funds today. http://www.theactuary.com/news/2013/01/db-pension-schemes-shutting-to-new-members-at-record-rate/ 327137 Mon, 28 Jan 2013 05:00:00 GMT 20130128050000 Fri, 25 Jan 2013 17:15:23 GMT 20130125171523 Mon, 28 Jan 2013 15:32:03 GMT 201301281533203 Nick Mann Pensions News Page An impact study on how annuities are treated under Solvency II could lead to pension payouts being reduced by up to 20%, Deloitte claimed today. http://www.theactuary.com/news/2013/01/solvency-ii-long-term-guarantee-plans-could-hit-annuities-hard/ 327112 Fri, 25 Jan 2013 16:00:00 GMT 20130125160000 Fri, 25 Jan 2013 16:03:56 GMT 20130125160356 Fri, 25 Jan 2013 16:03:57 GMT 201301251640357 Nick Mann Pensions News Regulation standards Page GI The Department for Work and Pensions has begun exploring what needs to be done to address the impact that the rising cost of funding defined benefit pensions is having on investment and growth. http://www.theactuary.com/news/2013/01/dwp-issues-call-for-evidence-over-db-pensions-affordability/ 327087 Fri, 25 Jan 2013 14:00:00 GMT 20130125140000 Fri, 25 Jan 2013 14:51:08 GMT 20130125145108 Mon, 28 Jan 2013 09:58:12 GMT 201301280995812 Nick Mann Pensions News Regulation standards Page There was no improvement in longevity last year in England and Wales, with mortality actually worsening compared to 2011, according to analysis carried out by the Institute and Faculty of Actuaries. http://www.theactuary.com/news/2013/01/actuaries-find-no-improvement-in-longevity-last-year/ 326897 Thu, 24 Jan 2013 11:00:00 GMT 20130124110000 Thu, 24 Jan 2013 11:12:05 GMT 20130124111205 Thu, 24 Jan 2013 11:12:07 GMT 2013012411111207 Nick Mann Pensions Life insurance News Page Health care Top story Life insurance is seen as the most important form of protection by consumers, but under a third of life policy holders understand the product they hold, according to research published today. http://www.theactuary.com/news/2013/01/life-insurance-popular-but-misunderstood/ 326790 Wed, 23 Jan 2013 16:00:00 GMT 20130123160000 Wed, 23 Jan 2013 16:24:07 GMT 20130123162407 Thu, 24 Jan 2013 11:18:53 GMT 2013012411111853 Nick Mann Pensions Life insurance News Page The past four years have seen a significant decline in the number of smaller defined contribution pension schemes, according to figures published by The Pensions Regulator today. http://www.theactuary.com/news/2013/01/smaller-dc-schemes-are-dwindling-says-the-pensions-regulator/ 326719 Wed, 23 Jan 2013 12:00:00 GMT 20130123120000 Wed, 23 Jan 2013 12:56:33 GMT 20130123125633 Wed, 23 Jan 2013 12:56:34 GMT 2013012312125634 Nick Mann Pensions News Page The total retirement income from an annuity purchased using a £50,000 pension pot has fallen by £14,180 since January 2010, according to figures published by MGM Advantage yesterday. http://www.theactuary.com/news/2013/01/average-annuity-payout-has-fallen-over-14000-since-2010/ 326520 Tue, 22 Jan 2013 15:00:00 GMT 20130122150000 Tue, 22 Jan 2013 15:21:48 GMT 20130122152148 Wed, 23 Jan 2013 16:30:50 GMT 201301231643050 Nick Mann Pensions News Page Actuaries should do more to take into account the potentially disastrous impact that constraints over natural resources and climate change could have on pensions, according to research commissioned by the Institute and Faculty of Actuaries. http://www.theactuary.com/news/2013/01/resource-scarcity-could-wipe-out-pension-assets/ 326086 Mon, 21 Jan 2013 15:00:00 GMT 20130121150000 Mon, 21 Jan 2013 15:50:00 GMT 20130121155000 Tue, 22 Jan 2013 15:25:34 GMT 201301221532534 Nick Mann Pensions Risk & ERM News International Page Environment Professional Failing to address the pressure ageing populations are putting on public finances and economic productivity could cause advanced economies' debt-to-gross domestic product ratios to increase by 'huge amounts', Fitch warned today. http://www.theactuary.com/news/2013/01/ageing-populations-could-cause-government-debt-explosion/ 326016 Mon, 21 Jan 2013 13:00:00 GMT 20130121130000 Mon, 21 Jan 2013 13:13:42 GMT 20130121131342 Mon, 21 Jan 2013 16:03:11 GMT 201301211640311 Nick Mann Pensions Life insurance News International Page Health care Top story (international) The House of Commons Work and Pensions Committee will issue a call for evidence in the 'next few days' as it begins its scrutiny of the government's plans to create a new flat-rate state pension. http://www.theactuary.com/news/2013/01/mps-set-out-plans-to-scrutinise-state-pension-reforms/ 325525 Fri, 18 Jan 2013 14:00:00 GMT 20130118140000 Fri, 18 Jan 2013 15:00:31 GMT 20130118150031 Mon, 21 Jan 2013 13:19:05 GMT 201301211311905 Nick Mann Pensions News Page The surprise decision not to change how the Retail Price Index inflation measure is calculated could have added up to £20bn to the pension deficits of the UK's leading 350 companies, Mercer claimed yesterday. http://www.theactuary.com/news/2013/01/leaving-rpi-measure-unchanged-has-added-20bn-to-pension-deficits/ 325502 Fri, 18 Jan 2013 13:00:00 GMT 20130118130000 Fri, 18 Jan 2013 13:12:31 GMT 20130118131231 Fri, 18 Jan 2013 13:12:32 GMT 201301181311232 Nick Mann Pensions Investment News Page The Office of Fair Trading has launched an investigation to find out whether defined contribution workplace pension schemes are set up to deliver the best value for money for savers. http://www.theactuary.com/news/2013/01/office-of-fair-trading-to-examine-competition-in-dc-pensions-market/ 325123 Thu, 17 Jan 2013 10:00:00 GMT 20130117100000 Thu, 17 Jan 2013 10:39:47 GMT 20130117103947 Fri, 18 Jan 2013 15:11:48 GMT 201301181531148 Nick Mann Pensions News Regulation standards Page The government's plans to create a single state pension 'work well' alongside the introduction of auto-enrolment but could leave some employers worse off, according to the Institute and Faculty of Actuaries. http://www.theactuary.com/news/2013/01/devil-is-in-the-detail-of-state-pension-plans-says-the-profession/ 324818 Wed, 16 Jan 2013 14:00:00 GMT 20130116140000 Wed, 16 Jan 2013 14:53:08 GMT 20130116145308 Thu, 17 Jan 2013 10:49:43 GMT 2013011710104943 Nick Mann Pensions News profession Page Car insurance prices for young women increased by an average of 16.4% across the UK over the final three months of last year as insurers prepared for the ban on gender-based pricing to take effect, Towers Watson said today. http://www.theactuary.com/news/2013/01/gender-directive-has-already-pushed-up-womens-car-insurance-prices/ 324605 Wed, 16 Jan 2013 06:00:00 GMT 20130116060000 Tue, 15 Jan 2013 15:26:52 GMT 20130115152652 Wed, 16 Jan 2013 14:59:05 GMT 201301161425905 Nick Mann News Page GI Weak long-term returns on assets are the 'key fundamental' problem for companies with defined benefit pension schemes, Fitch said yesterday. http://www.theactuary.com/news/2013/01/weak-returns-not-rpi-the-biggest-problem-for-db-pensions-says-fitch/ 324539 Tue, 15 Jan 2013 12:00:00 GMT 20130115120000 Tue, 15 Jan 2013 13:00:17 GMT 20130115130017 Tue, 15 Jan 2013 13:00:19 GMT 201301151310019 Nick Mann Pensions Investment News Page Plans for a new single flat-rate state pension, which could be introduced by 2017, have been announced by pensions minister Steve Webb. http://www.theactuary.com/news/2013/01/government-unveils-single-state-pension-plans/ 324377 Mon, 14 Jan 2013 17:00:00 GMT 20130114170000 Mon, 14 Jan 2013 17:13:42 GMT 20130114171342 Tue, 15 Jan 2013 13:05:35 GMT 201301151310535 Nick Mann Pensions News Page Some of the UK's leading pension providers have reached an agreement to ensure 'consistent and straightforward' disclosure of charges and costs to employees in workplace schemes. http://www.theactuary.com/news/2013/01/pension-providers-to-makes-charges-clearer/ 323943 Fri, 11 Jan 2013 12:00:00 GMT 20130111120000 Fri, 11 Jan 2013 16:34:44 GMT 20130111163444 Mon, 14 Jan 2013 17:18:47 GMT 201301141751847 Nick Mann Pensions News Page The National Statistician has decided against a change in the way inflation is calculated that could have reduced some pensioner incomes by thousands of pounds. http://www.theactuary.com/news/2013/01/keeping-rpi-inflation-measure-unchanged-will-safeguard-pensions/ 323251 Thu, 10 Jan 2013 11:00:00 GMT 20130110110000 Thu, 10 Jan 2013 11:35:02 GMT 20130110113502 Fri, 11 Jan 2013 16:37:25 GMT 201301111643725 Henry Manners Pensions Investment News Page The Pensions Regulator has set out what it plans to do to ensure defined contribution pension schemes deliver the best possible outcome for savers under auto-enrolment. http://www.theactuary.com/news/2013/01/regulator-consults-on-new-approach-to-defined-contribution-pensions/ 323233 Thu, 10 Jan 2013 10:00:00 GMT 20130110100000 Thu, 10 Jan 2013 10:26:39 GMT 20130110102639 Thu, 10 Jan 2013 12:53:35 GMT 2013011012125335 Nick Mann Pensions News Regulation standards Page The expected income of people retiring is at a six-year low, according to research published by Prudential today. http://www.theactuary.com/news/2013/01/expected-retirement-income-falls-for-second-year-in-a-row/ 323153 Wed, 09 Jan 2013 12:00:00 GMT 20130109120000 Wed, 09 Jan 2013 12:43:55 GMT 20130109124355 Thu, 10 Jan 2013 10:30:29 GMT 2013011010103029 Nick Mann Pensions News Page The number of ships lost at sea increased last year, with human error the root cause of most incidents, Allianz said today. http://www.theactuary.com/news/2013/01/ship-losses-increase-to-106-in-2012/ 323041 Tue, 08 Jan 2013 16:00:00 GMT 20130108160000 Tue, 08 Jan 2013 16:21:04 GMT 20130108162104 Wed, 09 Jan 2013 12:50:18 GMT 2013010912125018 Nick Mann Modelling/software Risk & ERM News International Page GI Low levels of insurance and reinsurance penetration in Southeast Asia and the South Pacific mean the extreme weather both regions experienced last month will place a major strain on the availability of government aid, Aon Benfield said yesterday. http://www.theactuary.com/news/2013/01/lack-of-insurance-means-asian-cyclones-put-strain-on-governments/ 322999 Tue, 08 Jan 2013 13:00:00 GMT 20130108130000 Tue, 08 Jan 2013 13:45:57 GMT 20130108134557 Tue, 08 Jan 2013 13:45:58 GMT 201301081314558 Nick Mann Risk & ERM News International Page GI Reinsurance Environment The coalition government remains committed to introducing a 'better, simple, single state pension' and tying in the pension age to increases in longevity, Prime Minister David Cameron and Deputy Prime Minister Nick Clegg said today. http://www.theactuary.com/news/2013/01/mid-term-review-reaffirms-state-pension-reform-pledge/ 322833 Mon, 07 Jan 2013 15:00:00 GMT 20130107150000 Mon, 07 Jan 2013 17:15:14 GMT 20130107171514 Mon, 07 Jan 2013 17:15:15 GMT 201301071751515 Nick Mann Pensions News Page Health care Eurozone insurers' profits are expected to begin a slow recovery this year but will still be less than half their 2007 peak by 2016, Ernst & Young said today. http://www.theactuary.com/news/2013/01/eurozone-insurers-profits-have-fallen-12-in-two-years/ 322775 Mon, 07 Jan 2013 12:00:00 GMT 20130107120000 Mon, 07 Jan 2013 12:39:59 GMT 20130107123959 Tue, 08 Jan 2013 16:26:56 GMT 201301081642656 Nick Mann Pensions Investment Life insurance News International Page GI Top story (international) Official figures, which revealed that 2012 was the second wettest year in the UK since records began, show how big a concern flood risk is for insurers, according to Deloitte. http://www.theactuary.com/news/2013/01/met-office-rain-figures-show-flood-insurance-deal-is-vital/ 322586 Fri, 04 Jan 2013 12:30:00 GMT 20130104123000 Fri, 04 Jan 2013 12:46:45 GMT 20130104124645 Mon, 07 Jan 2013 12:50:03 GMT 2013010712125003 Henry Manners News Page GI Environment The stock market gains resulting from this week's fiscal cliff deal came too late to improve defined benefit pension scheme funding positions in company's annual accounts but show how market volatility can present opportunities for schemes, Towers Watson said yesterday. http://www.theactuary.com/news/2013/01/fiscal-cliff-market-gains-too-late-to-help-db-pension-deficits/ 322583 Fri, 04 Jan 2013 12:00:00 GMT 20130104120000 Fri, 04 Jan 2013 12:40:46 GMT 20130104124046 Fri, 04 Jan 2013 12:40:47 GMT 2013010412124047 Nick Mann Pensions Investment News Page Larger defined contribution pension schemes are significantly more likely to display the features needed to deliver the best retirement outcomes for savers than smaller schemes, according to research published by The Pensions Regulator today. http://www.theactuary.com/news/2013/01/bigger-pension-schemes-spell-better-outcomes-regulator-finds/ 322494 Thu, 03 Jan 2013 15:00:00 GMT 20130103150000 Thu, 03 Jan 2013 15:24:22 GMT 20130103152422 Fri, 04 Jan 2013 12:50:42 GMT 2013010412125042 Nick Mann Pensions News Regulation standards Page Annual reinsurance renewals on January 1 took place against a backdrop of stable pricing and ample dedicated reinsurance capital, Guy Carpenter said today. http://www.theactuary.com/news/2013/01/january-reinsurance-renewals-stable-says-guy-carpenter/ 322474 Thu, 03 Jan 2013 14:00:00 GMT 20130103140000 Thu, 03 Jan 2013 14:24:56 GMT 20130103142456 Thu, 03 Jan 2013 14:24:57 GMT 201301031422457 Nick Mann News International Page Reinsurance The Government Actuary Trevor Llanwarne has been recognised for his services to the actuarial profession and the public finances in the Queen's New Year Honours List. http://www.theactuary.com/news/2013/01/government-actuary-recognised-in-new-year-honours-list/ 322358 Wed, 02 Jan 2013 15:00:00 GMT 20130102150000 Wed, 02 Jan 2013 15:13:57 GMT 20130102151357 Tue, 08 Jan 2013 10:55:45 GMT 2013010810105545 Nick Mann Pensions Life insurance News Page Careers Professional Average pension contributions by employers and employees have flat-lined since 2010, increasing the likelihood of inadequate retirement incomes in the years ahead, the Association of Consulting Actuaries today warned. http://www.theactuary.com/news/2013/01/static-pension-contributions-alarming-say-consulting-actuaries/ 322357 Wed, 02 Jan 2013 14:00:00 GMT 20130102140000 Wed, 02 Jan 2013 15:09:10 GMT 20130102150910 Wed, 02 Jan 2013 15:09:11 GMT 201301021530911 Nick Mann Pensions News Page Professional The combined deficit of the UK's private sector defined benefit pension schemes ended 2012 at £118bn, according to estimates published by JLT Pension Capital Strategies today. http://www.theactuary.com/news/2013/01/pension-deficits-ended-2012-at-118bn-says-jlt/ 322319 Wed, 02 Jan 2013 11:00:00 GMT 20130102110000 Wed, 02 Jan 2013 11:50:52 GMT 20130102115052 Wed, 02 Jan 2013 12:40:37 GMT 2013010212124037 Nick Mann Pensions News Page Top story Women under 25 face motor insurance premium rises of up to 40% from today as the European Union ban on gender pricing comes into effect, according to PricewaterhouseCoopers. http://www.theactuary.com/news/2012/12/gender-ruling-will-increase-young-womens-motor-premiums-by-40/ 322073 Fri, 21 Dec 2012 12:00:00 GMT 20121221120000 Fri, 21 Dec 2012 12:01:52 GMT 20121221120152 Fri, 21 Dec 2012 12:01:53 GMT 2012122112120153 Nick Mann Pensions Life insurance News Page GI The government has announced plans to close a loophole in auto-enrolment legislation that could allow companies to defer auto-enrolment for an estimated four million workers until October 2017. http://www.theactuary.com/news/2012/12/government-to-close-auto-enrolment-deferral-loophole/ 322001 Thu, 20 Dec 2012 10:00:00 GMT 20121220100000 Thu, 20 Dec 2012 10:50:09 GMT 20121220105009 Thu, 20 Dec 2012 10:50:10 GMT 2012122010105010 Nick Mann Pensions News Regulation standards Page Top story Insured losses from natural catastrophes and man-made disasters are expected to reach approximately $65bn this year almost half the amount posted in 2011, Swiss Re said today. http://www.theactuary.com/news/2012/12/catastrophe-losses-will-reach-65bn-this-year-says-swiss-re/ 321899 Wed, 19 Dec 2012 12:00:00 GMT 20121219120000 Wed, 19 Dec 2012 12:01:55 GMT 20121219120155 Thu, 20 Dec 2012 11:05:13 GMT 2012122011110513 Nick Mann News International Page GI Reinsurance Environment The government has announced plans to end 'taxpayer-funded' pensions for local government councillors in England, saving an estimated £7m a year of public money. http://www.theactuary.com/news/2012/12/state-funded-pensions-for-councillors-should-end-says-government/ 321896 Wed, 19 Dec 2012 10:00:00 GMT 20121219100000 Wed, 19 Dec 2012 11:57:45 GMT 20121219115745 Wed, 19 Dec 2012 11:57:52 GMT 2012121911115752 Nick Mann Pensions News Page Imminent new European rules that will bring an end to insurance products being priced along gender lines will cause some disruption to British insurers but should allow them to maintain profitability, Fitch said today. http://www.theactuary.com/news/2012/12/uk-insurers-will-cope-with-gender-ruling-disruption-says-fitch/ 321784 Tue, 18 Dec 2012 12:00:00 GMT 20121218120000 Tue, 18 Dec 2012 12:47:29 GMT 20121218124729 Wed, 19 Dec 2012 12:07:57 GMT 2012121912120757 Nick Mann Life insurance News Page GI The approach being used to test proposals for a new European Union regulatory system for workplace pension schemes is 'seriously flawed', according to the National Association of Pension Funds. http://www.theactuary.com/news/2012/12/napf-slams-european-pension-rule-change-plans/ 321678 Mon, 17 Dec 2012 12:00:00 GMT 20121217120000 Mon, 17 Dec 2012 17:23:34 GMT 20121217172334 Tue, 18 Dec 2012 12:52:38 GMT 2012121812125238 Nick Mann Pensions News Regulation standards International Page Introducing a risk-sharing pension scheme for MPs could encourage other employers to do the same, according to the Association of Consulting Actuaries. http://www.theactuary.com/news/2012/12/mps-should-take-lead-on-risk-sharing-say-consulting-actuaries/ 321611 Fri, 14 Dec 2012 14:00:00 GMT 20121214140000 Fri, 14 Dec 2012 14:41:57 GMT 20121214144157 Mon, 17 Dec 2012 17:28:43 GMT 201212171752843 Nick Mann Pensions News Page The proportion of over-55s working past the traditional retirement age is increasing and older people are increasingly dipping into their savings to maintain their standard of living, according to research published yesterday by Aviva. http://www.theactuary.com/news/2012/12/more-over-55s-are-working-past-retirement-age-says-aviva/ 321402 Thu, 13 Dec 2012 11:00:00 GMT 20121213110000 Thu, 13 Dec 2012 11:16:39 GMT 20121213111639 Thu, 13 Dec 2012 11:16:39 GMT 2012121311111639 Nick Mann Pensions Life insurance News Page Pension scheme investment managers expect the advent of pensions auto-enrolment to lead to the adoption of more risk-averse investment strategies, according to research published this week by Baring Asset Management. http://www.theactuary.com/news/2012/12/auto-enrolment-will-trigger-more-risk-averse-investment/ 321390 Thu, 13 Dec 2012 10:00:00 GMT 20121213100000 Thu, 13 Dec 2012 10:29:29 GMT 20121213102929 Fri, 14 Dec 2012 14:44:05 GMT 201212141424405 Nick Mann Pensions Investment News Page Next year will see global non-life insurance premium rates continue to rise at a moderate pace while life premium rates return to growth after not growing this year, Swiss Re said yesterday. http://www.theactuary.com/news/2012/12/stronger-economic-growth-will-drive-global-insurance-premiums-up/ 321308 Wed, 12 Dec 2012 12:00:00 GMT 20121212120000 Wed, 12 Dec 2012 12:32:46 GMT 20121212123246 Wed, 12 Dec 2012 12:32:48 GMT 2012121212123248 Nick Mann Pensions Life insurance News International Page GI Reinsurance Plans aimed at reducing the number and cost of whiplash claims arising from road accidents have been published for consultation today by the Ministry of Justice. http://www.theactuary.com/news/2012/12/government-unveils-formal-plans-for-whiplash-crackdown/ 321105 Tue, 11 Dec 2012 14:00:00 GMT 20121211140000 Tue, 11 Dec 2012 14:13:47 GMT 20121211141347 Tue, 11 Dec 2012 14:13:48 GMT 201212111421348 Nick Mann News Page GI Introducing a new prudential regulatory regime for defined benefit pensions similar to that being introduced for Europe's insurance industry would be a 'disaster' for the UK economy and pensions saving, the CBI has warned. http://www.theactuary.com/news/2012/12/solvency-ii-for-pensions-would-cost-uk-businesses-350bn-says-cbi/ 320790 Tue, 11 Dec 2012 05:00:00 GMT 20121211050000 Mon, 10 Dec 2012 16:41:08 GMT 20121210164108 Thu, 13 Dec 2012 16:28:03 GMT 201212131642803 Henry Manners Pensions News Regulation standards International Page Governments must do more to address the long-term cost to the public purse of ageing populations, according to a report published by the International Longevity Centre UK today. http://www.theactuary.com/news/2012/12/governments-must-do-more-to-tackle-cost-of-rising-longevity/ 320752 Mon, 10 Dec 2012 15:00:00 GMT 20121210150000 Mon, 10 Dec 2012 15:36:27 GMT 20121210153627 Tue, 11 Dec 2012 09:26:17 GMT 201212110992617 Nick Mann Pensions Life insurance News Page Health care A total of £2.5bn worth of pension buyout deals have been finalised so far this year, after the third-quarter saw de-risking activity accelerate, JLT Pension Capital Strategies said today. http://www.theactuary.com/news/2012/12/pension-buyout-activity-accelerated-in-third-quarter-says-jlt/ 320750 Mon, 10 Dec 2012 14:00:00 GMT 20121210140000 Mon, 10 Dec 2012 15:27:59 GMT 20121210152759 Thu, 13 Dec 2012 11:23:13 GMT 2012121311112313 Nick Mann Pensions News Page Losses from last month's flooding in England and Wales are expected to make 2012 the costliest flood insurance year since 2007, Aon Benfield revealed yesterday. http://www.theactuary.com/news/2012/12/flood-insurance-losses-to-top-1bn-this-year/ 320238 Fri, 07 Dec 2012 14:00:00 GMT 20121207140000 Fri, 07 Dec 2012 14:47:05 GMT 20121207144705 Mon, 10 Dec 2012 15:43:35 GMT 201212101534335 Nick Mann News International Page GI Reinsurance Cuts to pension tax relief allowances announced in yesterday's Autumn Statement could work against government efforts to encourage more people to save for their retirement, industry figures and business leaders have warned. http://www.theactuary.com/news/2012/12/pension-tax-relief-cuts-will-stop-people-saving/ 320004 Thu, 06 Dec 2012 11:00:00 GMT 20121206110000 Thu, 06 Dec 2012 11:53:33 GMT 20121206115333 Thu, 06 Dec 2012 11:53:33 GMT 2012120611115333 Nick Mann Pensions Investment News Page The government has been urged to move forward as soon as possible with plans announced in yesterday's Autumn Statement to address the rising long-term cost to companies of pension provision. http://www.theactuary.com/news/2012/12/government-urged-to-act-quickly-on-pensions-regulatory-reform/ 319999 Thu, 06 Dec 2012 10:00:00 GMT 20121206100000 Thu, 06 Dec 2012 11:45:05 GMT 20121206114505 Fri, 07 Dec 2012 14:59:59 GMT 201212071425959 Nick Mann Pensions News Page Chancellor George Osborne has announced plans to change the regulatory system for defined benefit pension schemes to address concerns over the long-term cost of pension provision to companies. http://www.theactuary.com/news/2012/12/osborne-plans-regulatory-change-to-address-pensions-affordability/ 319848 Wed, 05 Dec 2012 15:00:00 GMT 20121205150000 Wed, 05 Dec 2012 15:31:39 GMT 20121205153139 Thu, 06 Dec 2012 11:50:45 GMT 2012120611115045 Nick Mann Pensions News Page Men have been warned against rushing into annuity purchases before new European rule changes banning gender-specific insurance contracts take effect later this month. http://www.theactuary.com/news/2012/12/capita-warns-men-against-rushing-annuity-purchases/ 319413 Tue, 04 Dec 2012 16:00:00 GMT 20121204160000 Tue, 04 Dec 2012 16:09:21 GMT 20121204160921 Tue, 04 Dec 2012 16:09:22 GMT 201212041640922 Nick Mann Pensions News Page Pension schemes could be expected to set out exactly how they meet The Pensions Regulator's principles for good scheme design and governance, or explain why they do not, in a move to steer employers away from poor value auto-enrolment schemes. http://www.theactuary.com/news/2012/12/use-high-quality-schemes-for-auto-enrolment-says-regulator/ 319404 Tue, 04 Dec 2012 14:00:00 GMT 20121204140000 Tue, 04 Dec 2012 15:33:14 GMT 20121204153314 Wed, 05 Dec 2012 15:40:44 GMT 201212051534044 Nick Mann Pensions News Regulation standards Page A vast majority of UK non-life insurance companies are frustrated by the way Solvency II is being introduced, according to research published by Grant Thornton today. http://www.theactuary.com/news/2012/12/solvency-ii-has-been-ruined-by-implementation/ 319270 Mon, 03 Dec 2012 15:00:00 GMT 20121203150000 Mon, 03 Dec 2012 15:44:50 GMT 20121203154450 Mon, 03 Dec 2012 15:50:01 GMT 201212031535001 Nick Mann News Regulation standards International Page GI The combined deficit of the UK's private sector defined benefit pension schemes increased to £110bn last month, according to figures published today by JLT Pension Capital Strategies. http://www.theactuary.com/news/2012/12/pension-deficits-increase-to-110bn/ 319249 Mon, 03 Dec 2012 13:00:00 GMT 20121203130000 Mon, 03 Dec 2012 13:55:07 GMT 20121203135507 Mon, 03 Dec 2012 15:22:49 GMT 201212031532249 Nick Mann Pensions News Page Last year, Council identified the growing importance of longevity risk to many financial entities and the increased number of providers of demographic experience analysis. In May 2012, a working group was set up to make recommendations on how the Institute and Faculty of Actuaries should respond to the challenges and opportunities in this area. http://www.theactuary.com/news/2012/12/mortality-and-morbidity-tell-us-your-views/ 326439 Sat, 01 Dec 2012 23:00:00 GMT 20121201230000 Tue, 22 Jan 2013 12:55:22 GMT 20130122125522 Tue, 22 Jan 2013 12:57:32 GMT 2013012212125732 Henry Manners News people profession societies Page The University of Leicester recently hosted this year's Actuarial Teachers' and Researchers' Conference. The conference was characterised by a broad range of topics and lively audience participation http://www.theactuary.com/news/2012/12/actuarial-teachers-and-researchers-event-boosts-link-between-industry-and-academia/ 326443 Sat, 01 Dec 2012 23:00:00 GMT 20121201230000 Tue, 22 Jan 2013 12:59:48 GMT 20130122125948 Tue, 22 Jan 2013 12:59:49 GMT 2013012212125949 Henry Manners News profession Page The Institute and Faculty of Actuaries has recently published new guidance on conflicts of interest1 for all members and included new provisions on the subject in the Actuarial Profession Standards for life and pensions2. http://www.theactuary.com/news/2012/12/raising-awareness-of-conflicts-of-interest/ 326446 Sat, 01 Dec 2012 21:00:00 GMT 20121201210000 Tue, 22 Jan 2013 13:02:40 GMT 20130122130240 Tue, 22 Jan 2013 13:02:41 GMT 201301221310241 Henry Manners News profession Page Issue four of the Longevity Bulletin is now available for members to download http://www.theactuary.com/news/2012/12/longevity-update-longer-lived-but-do-we-have-quality-and-quantity-of-life/ 326543 Sat, 01 Dec 2012 20:00:00 GMT 20121201200000 Tue, 22 Jan 2013 16:06:58 GMT 20130122160658 Tue, 22 Jan 2013 16:06:59 GMT 201301221640659 Henry Manners News profession Page On the evening of 22 October, David Hare, presented Professor Mary Hardy with the Finlaison Medal at a sessional research meeting at London's Staple Inn Hall. http://www.theactuary.com/news/2012/12/2012-finlaison-medal-winner/ 326547 Sat, 01 Dec 2012 20:00:00 GMT 20121201200000 Tue, 22 Jan 2013 16:21:25 GMT 20130122162125 Tue, 22 Jan 2013 16:21:26 GMT 201301221642126 Henry Manners News profession Page Paul Shelley, policy manager for the Institute and Faculty of Actuaries reports from the 2012 Life Conference in Brussels http://www.theactuary.com/news/2012/12/delegates-get-a-taste-for-brussels-life-conference/ 326449 Sat, 01 Dec 2012 20:00:00 GMT 20121201200000 Tue, 22 Jan 2013 13:06:02 GMT 20130122130602 Tue, 22 Jan 2013 13:06:03 GMT 201301221310603 Henry Manners News profession Page Paul Shelley, policy manager for the Institute and Faculty of Actuaries reports from the 2012 Life Conference in Brussels http://www.theactuary.com/news/2012/12/director-of-david-hume-institute-addresses-sell-out-autumn-lecture/ 326532 Sat, 01 Dec 2012 20:00:00 GMT 20121201200000 Tue, 22 Jan 2013 15:42:18 GMT 20130122154218 Tue, 22 Jan 2013 15:42:19 GMT 201301221534219 Henry Manners News profession Page On 28 January, research work commissioned by the profession and undertaken by Barrie & Hibbert and PwC on the employer covenant will be presented to members. The research was commissioned to look at alternative ways of valuing the employer covenant in pension scheme work. http://www.theactuary.com/news/2012/12/employer-covenant-research-open-for-discussion/ 326550 Sat, 01 Dec 2012 20:00:00 GMT 20121201200000 Tue, 22 Jan 2013 16:25:32 GMT 20130122162532 Tue, 22 Jan 2013 16:25:33 GMT 201301221642533 Henry Manners News profession Page People nearing retirement are under-estimating how long they will live and are either overly optimistic or have no idea how much the retirement income will be, according to research published by the Institute for Fiscal Studies today. http://www.theactuary.com/news/2012/11/over-50s-underestimate-longevity-and-overestimate-pension-income/ 319029 Fri, 30 Nov 2012 12:00:00 GMT 20121130120000 Fri, 30 Nov 2012 12:17:01 GMT 20121130121701 Mon, 03 Dec 2012 14:44:40 GMT 201212031424440 Nick Mann Pensions Life insurance News Page Health care From pensions to fizz/ All joking aside/ Nice Tri Calvin / Joint charity campaign reminder/ Students take the taste test/ Announcements: Obituaries & Births http://www.theactuary.com/news/2012/12/social-news-round-up-december-2012/ 319079 Fri, 30 Nov 2012 10:00:00 GMT 20121130100000 Fri, 30 Nov 2012 16:51:00 GMT 20121130165100 Fri, 30 Nov 2012 17:16:10 GMT 201211301751610 Henry Manners News people profession societies Page Business leaders have warned Chancellor George Osborne that any cut to pension tax relief for higher earners in next week's Autumn Statement would be an income tax, not a wealth tax. http://www.theactuary.com/news/2012/11/cutting-pension-tax-relief-would-hit-investment-and-saving-says-cbi/ 318810 Thu, 29 Nov 2012 11:00:00 GMT 20121129110000 Thu, 29 Nov 2012 11:25:55 GMT 20121129112555 Fri, 30 Nov 2012 12:26:06 GMT 2012113012122606 Nick Mann Pensions Investment News Page The Commons environment, food and rural affairs committee has called for 'clear answers' from the government about how it plans to ensure properties at risk of flooding can secure insurance in the future. http://www.theactuary.com/news/2012/11/mps-call-for-urgent-action-on-flood-insurance-impasse/ 318807 Thu, 29 Nov 2012 10:00:00 GMT 20121129100000 Thu, 29 Nov 2012 11:22:30 GMT 20121129112230 Thu, 29 Nov 2012 11:30:30 GMT 2012112911113030 Nick Mann News Page GI Environment A code of conduct that aims to enable employers to choose the best pension for their staff by encouraging pension providers to clearly disclose the charges and investment costs associated with their schemes has been launched today. http://www.theactuary.com/news/2012/11/pension-charges-code-of-conduct-launched/ 318554 Wed, 28 Nov 2012 12:00:00 GMT 20121128120000 Wed, 28 Nov 2012 12:55:27 GMT 20121128125527 Thu, 29 Nov 2012 09:56:14 GMT 201211290995614 Nick Mann Pensions News Regulation standards Page GI Top story Low levels of insurance take-up in fast developing economies mean governments are being left over-exposed to the cost of natural catastrophes, Lloyd's of London said today. http://www.theactuary.com/news/2012/11/high-growth-countries-face-168bn-insurance-deficit-says-lloyds/ 318183 Tue, 27 Nov 2012 16:00:00 GMT 20121127160000 Tue, 27 Nov 2012 16:59:41 GMT 20121127165941 Wed, 28 Nov 2012 17:25:35 GMT 201211281752535 Nick Mann News International Page GI Reinsurance More than two thirds of people plan to remain in a workplace pension scheme once they are automatically enrolled into it, according to research published by the Department for Work and Pensions yesterday. http://www.theactuary.com/news/2012/11/most-people-will-stay-in-pensions-under-auto-enrolment-says-dwp/ 318158 Tue, 27 Nov 2012 15:00:00 GMT 20121127150000 Tue, 27 Nov 2012 15:03:40 GMT 20121127150340 Tue, 27 Nov 2012 15:03:41 GMT 201211271530341 Nick Mann Pensions News Page Talks aimed between government and the insurance industry which aim to ensure homeowners at high-risk of flooding can receive affordable cover have reached 'an impasse', the Association of British Insurers claimed today. http://www.theactuary.com/news/2012/11/flood-insurance-talks-have-reached-an-impasse-says-abi/ 318004 Mon, 26 Nov 2012 14:00:00 GMT 20121126140000 Mon, 26 Nov 2012 14:52:20 GMT 20121126145220 Wed, 28 Nov 2012 13:00:04 GMT 201211281310004 Nick Mann News Page GI Environment Companies are coming under increasing pressure to pay more into their pension schemes rather than rely on investment returns to meet their obligations to members, PricewaterhouseCoopers said today. http://www.theactuary.com/news/2012/11/firms-under-growing-pressure-to-contribute-more-to-pension-schemes/ 318001 Mon, 26 Nov 2012 13:00:00 GMT 20121126130000 Mon, 26 Nov 2012 14:47:43 GMT 20121126144743 Mon, 26 Nov 2012 14:47:45 GMT 201211261424745 Nick Mann Pensions News Page We are looking for experienced and enthusiastic actuaries who would like to join our editorial team. http://www.theactuary.com/news/2012/11/the-actuary-magazine-editorial-roles/ 317862 Fri, 23 Nov 2012 17:00:00 GMT 20121123170000 Fri, 23 Nov 2012 16:28:35 GMT 20121123162835 Fri, 23 Nov 2012 16:34:59 GMT 201211231643459 Henry Manners News people societies Page Careers The Institute and Faculty of Actuaries is committed to ensuring the government's goal of 'high quality' pension provision becomes a reality, immediate past president Jane Curtis said yesterday. http://www.theactuary.com/news/2012/11/actuarial-profession-committed-to-making-pensions-strategy-a-reality/ 317847 Fri, 23 Nov 2012 14:00:00 GMT 20121123140000 Fri, 23 Nov 2012 15:19:16 GMT 20121123151916 Mon, 26 Nov 2012 14:56:19 GMT 201211261425619 Nick Mann Pensions News Page The government has set out a 'clear direction of travel' for addressing the problem of short-termism in equity markets in its response to the Kay Review, the National Association of Pension Funds said today. http://www.theactuary.com/news/2012/11/kay-response-sets-clear-direction-for-equity-market-reform/ 317661 Thu, 22 Nov 2012 11:00:00 GMT 20121122110000 Thu, 22 Nov 2012 11:29:18 GMT 20121122112918 Thu, 22 Nov 2012 11:29:18 GMT 2012112211112918 Nick Mann Pensions Investment News Regulation standards Page Encouraging more risk-sharing in pensions and ensuring the regulatory regime delivers 'well-run, customer-focused' schemes are the top priorities in the government's plans for reinvigorating workplace pensions, which have been published today. http://www.theactuary.com/news/2012/11/webb-sets-out-plans-to-deliver-quality-and-certainty-in-pensions/ 317658 Thu, 22 Nov 2012 10:00:00 GMT 20121122100000 Thu, 22 Nov 2012 11:22:18 GMT 20121122112218 Fri, 23 Nov 2012 15:22:59 GMT 201211231532259 Nick Mann Pensions News Page The proportion of workers signed up to an occupational pension scheme could increase by over 50% as a result of auto-enrolment, according to research published by the Chartered Institute of Personnel and Development today. http://www.theactuary.com/news/2012/11/auto-enrolment-could-boost-pension-membership-by-over-50/ 317605 Wed, 21 Nov 2012 15:15:00 GMT 20121121151500 Wed, 21 Nov 2012 15:32:55 GMT 20121121153255 Wed, 21 Nov 2012 15:32:56 GMT 201211211533256 Nick Mann Pensions News Page The European Insurance and Occupational Pension Authority could implement elements of a new regulatory system for Europe's insurance industry early, even if final Solvency II rules are not introduced until 2016. http://www.theactuary.com/news/2012/11/parts-of-solvency-ii-could-be-implemented-early-says-bernardino/ 317584 Wed, 21 Nov 2012 14:00:00 GMT 20121121140000 Wed, 21 Nov 2012 14:14:18 GMT 20121121141418 Thu, 22 Nov 2012 11:25:07 GMT 2012112211112507 Nick Mann News Regulation standards International Page GI UK pension scheme funding shortfalls are likely to increase by around £150bn if the European Commission goes ahead with plans to subject schemes to rules like those being introduced for insurers under Solvency II, pensions minister Steve Webb claimed today. http://www.theactuary.com/news/2012/11/solvency-ii-for-pensions-could-add-150bn-to-deficits-says-webb/ 317400 Tue, 20 Nov 2012 14:00:00 GMT 20121120140000 Tue, 20 Nov 2012 14:19:46 GMT 20121120141946 Wed, 21 Nov 2012 14:20:41 GMT 201211211422041 Nick Mann Pensions News International Page Nearly two-thirds of the UK population are unwilling to contribute more than 5% of their salary towards a workplace pension, Friends Life said today. http://www.theactuary.com/news/2012/11/most-people-dont-want-to-put-more-than-5-of-salary-into-pension/ 317256 Mon, 19 Nov 2012 15:00:00 GMT 20121119150000 Mon, 19 Nov 2012 15:32:23 GMT 20121119153223 Tue, 20 Nov 2012 14:24:58 GMT 201211201422458 Nick Mann Pensions News Page Pensions auto-enrolment could be delayed by up to four years for over 3,000 employers due to a 'significant loophole' in how the legislation underpinning the system was drafted, Lane Clark & Peacock claimed yesterday. http://www.theactuary.com/news/2012/11/loophole-could-delay-auto-enrolment-for-3000-employers/ 317194 Mon, 19 Nov 2012 11:00:00 GMT 20121119110000 Mon, 19 Nov 2012 11:17:52 GMT 20121119111752 Thu, 22 Nov 2012 16:07:13 GMT 201211221640713 Henry Manners Pensions News Page The use of liability-driven investment strategies as a way for pension schemes to reduce volatility and improve their funding status has become less widespread over the past year, according to a survey published by SEI. http://www.theactuary.com/news/2012/11/fewer-pension-schemes-are-using-liability-driven-investment/ 317079 Fri, 16 Nov 2012 15:00:00 GMT 20121116150000 Fri, 16 Nov 2012 15:35:53 GMT 20121116153553 Mon, 19 Nov 2012 15:40:02 GMT 201211191534002 Nick Mann Pensions Investment News International Page Increasing care provision would allow more family carers to work and boost the economy, a report by Cass Business School has found. http://www.theactuary.com/news/2012/11/freeing-family-carers-for-work-could-boost-economy/ 317076 Fri, 16 Nov 2012 14:00:00 GMT 20121116140000 Fri, 16 Nov 2012 15:30:29 GMT 20121116153029 Fri, 16 Nov 2012 15:30:30 GMT 201211161533030 Nick Mann News Page Health care Work carried out by actuaries on pension incentive exercises will have to meet the Financial Reporting Council's technical actuarial standards, it was announced today. http://www.theactuary.com/news/2012/11/frc-extends-actuarial-standards-to-include-incentive-exercises/ 316883 Thu, 15 Nov 2012 17:00:00 GMT 20121115170000 Thu, 15 Nov 2012 17:05:04 GMT 20121115170504 Thu, 15 Nov 2012 17:05:05 GMT 201211151750505 Nick Mann Pensions News Regulation standards Page The pensions industry has a generally positive view of The Pensions Regulator, with almost two-thirds of stakeholders rating its performance 'good' or 'very good', according to a survey published yesterday. http://www.theactuary.com/news/2012/11/industry-largely-positive-about-the-pensions-regulator/ 316528 Wed, 14 Nov 2012 15:00:00 GMT 20121114150000 Wed, 14 Nov 2012 15:25:13 GMT 20121114152513 Wed, 14 Nov 2012 15:30:24 GMT 201211141533024 Nick Mann Pensions News Regulation standards Page The average annual salary for an actuary has fallen by 5.8% since before the credit crunch, while the average UK worker has seen their annual pay increase by 11.4% over the same period, according to analysis published by Randstad this week. http://www.theactuary.com/news/2012/11/average-actuarial-salary-has-fallen-58-since-2006/ 316524 Wed, 14 Nov 2012 14:00:00 GMT 20121114140000 Wed, 14 Nov 2012 15:17:55 GMT 20121114151755 Thu, 22 Nov 2012 09:49:04 GMT 201211220994904 Henry Manners News Page Careers Top story Professional The total value of conventional assets being managed by the global fund management industry reached a record $84.1trn at the end of September, according to figures published today by TheCityUK. http://www.theactuary.com/news/2012/11/global-funds-under-management-reach-record-841trn/ 316005 Tue, 13 Nov 2012 15:00:00 GMT 20121113150000 Tue, 13 Nov 2012 15:10:40 GMT 20121113151040 Wed, 14 Nov 2012 15:22:36 GMT 201211141532236 Nick Mann Pensions Investment News Page GI The UK general insurance industry is spending over £730m a year on the direct costs of regulation and compliance, according to research published today by law firm Reynolds Porter Chamberlain LLP. http://www.theactuary.com/news/2012/11/regulation-is-costing-uk-general-insurers-at-least-730m-a-year/ 315437 Mon, 12 Nov 2012 14:00:00 GMT 20121112140000 Mon, 12 Nov 2012 14:36:21 GMT 20121112143621 Tue, 13 Nov 2012 15:20:50 GMT 201211131532050 Nick Mann News Regulation standards Page GI The government has been slated for 'complacent and weak' oversight of council pension schemes in London. http://www.theactuary.com/news/2012/11/londons-council-pension-schemes-flawed/ 315406 Mon, 12 Nov 2012 12:19:00 GMT 20121112121900 Mon, 12 Nov 2012 12:59:27 GMT 20121112125927 Mon, 12 Nov 2012 14:34:24 GMT 201211121423424 Nick Mann Pensions News Regulation standards Page More than two-thirds of pension trustees feel that the amount of legislation and pace of change in the pensions industry is too fast, and many believe it is hindering their ability to perform their duties, according to research published by MetLife Assurance today. http://www.theactuary.com/news/2012/11/pace-of-change-in-pensions-legislation-is-too-fast-say-trustees/ 315391 Mon, 12 Nov 2012 12:00:00 GMT 20121112120000 Mon, 12 Nov 2012 12:23:08 GMT 20121112122308 Mon, 12 Nov 2012 12:23:09 GMT 2012111212122309 Nick Mann Pensions News Regulation standards Page The government needs to follow through on its commitment to formally set out how it plans to tackle the rapid rise in whiplash claims resulting from road accidents, the Association of British Insurers said today. http://www.theactuary.com/news/2012/11/government-must-get-on-with-tackling-whiplash-claims-epidemic/ 314068 Fri, 09 Nov 2012 14:00:00 GMT 20121109140000 Fri, 09 Nov 2012 14:46:08 GMT 20121109144608 Mon, 12 Nov 2012 14:42:50 GMT 201211121424250 Nick Mann News Page GI The funding position of the UK's defined benefit pension schemes fell by almost a quarter in the 18 months between March 2011 and September 2012, official data revealed yesterday. http://www.theactuary.com/news/2012/11/purple-book-reveals-full-extent-of-slump-in-pension-funding-levels/ 313332 Thu, 08 Nov 2012 12:09:00 GMT 20121108120900 Thu, 08 Nov 2012 12:11:19 GMT 20121108121119 Fri, 09 Nov 2012 14:52:01 GMT 201211091425201 Henry Manners Pensions News Page Plans to make it easier for people approaching retirement to get the best deal when they turn their pension pot into an annuity have been published for consultation by the Association of British Insurers. http://www.theactuary.com/news/2012/11/abi-consults-on-improving-annuity-rate-transparency/ 313326 Thu, 08 Nov 2012 00:00:00 GMT 20121108000000 Thu, 08 Nov 2012 12:07:23 GMT 20121108120723 Thu, 08 Nov 2012 12:07:24 GMT 2012110812120724 Nick Mann Pensions News Page GI The insurance and pensions industries need to find a way to encourage the ageing population to save more and for longer, the director general of the Association of British Insurers said yesterday. http://www.theactuary.com/news/2012/11/insurers-must-prepare-for-centenarians-to-become-the-norm/ 312636 Wed, 07 Nov 2012 13:00:00 GMT 20121107130000 Wed, 07 Nov 2012 13:53:26 GMT 20121107135326 Thu, 08 Nov 2012 12:14:26 GMT 2012110812121426 Nick Mann Pensions Life insurance News Page GI Plans to remove restrictions on who can join the pension scheme established by the government as part of auto-enrolment, the National Employment Savings Trust, have been published for consultation today. http://www.theactuary.com/news/2012/11/government-unveils-plans-to-loosen-nest-restrictions/ 312159 Tue, 06 Nov 2012 14:15:00 GMT 20121106141500 Tue, 06 Nov 2012 14:30:09 GMT 20121106143009 Tue, 06 Nov 2012 14:30:09 GMT 201211061423009 Nick Mann Pensions News Regulation standards Page Local authorities could be able to double the amount they can currently invest in infrastructure, under plans published for consultation today. http://www.theactuary.com/news/2012/11/council-pension-funds-could-double-infrastructure-spending-under-rule-change/ 312155 Tue, 06 Nov 2012 14:00:00 GMT 20121106140000 Tue, 06 Nov 2012 14:21:54 GMT 20121106142154 Tue, 06 Nov 2012 14:21:54 GMT 201211061422154 Nick Mann Pensions Investment News Regulation standards Page The European insurance industry regulator needs to take a leading role in addressing the 'confusion and frustration' being caused by uncertainty over new rules governing Europe's insurers, KPMG said today. http://www.theactuary.com/news/2012/11/regulator-must-take-charge-to-get-solvency-ii-back-on-track/ 312089 Tue, 06 Nov 2012 12:00:00 GMT 20121106120000 Tue, 06 Nov 2012 12:20:08 GMT 20121106122008 Wed, 07 Nov 2012 14:01:37 GMT 201211071420137 Nick Mann News Regulation standards International Page GI Reinsurance The majority of senior finance executives at the UK's largest companies expect their defined benefit pension scheme to hamper their business's financial performance over the next three years, according to research published today. http://www.theactuary.com/news/2012/11/pension-deficits-are-hampering-business-investment/ 311717 Mon, 05 Nov 2012 16:00:00 GMT 20121105160000 Mon, 05 Nov 2012 16:14:27 GMT 20121105161427 Mon, 05 Nov 2012 16:14:28 GMT 201211051641428 Nick Mann Pensions News Page Car insurance prices fell by more in the three months ending September than in any quarter since 2007, Towers Watson said today. http://www.theactuary.com/news/2012/11/car-insurance-prices-have-fallen-103-in-past-12-months/ 311594 Mon, 05 Nov 2012 12:00:00 GMT 20121105120000 Mon, 05 Nov 2012 12:23:08 GMT 20121105122308 Tue, 06 Nov 2012 12:26:46 GMT 2012110612122646 Nick Mann News Page GI The combined deficit of Ireland's largest defined benefit pension schemes increased by €4bn to €10bn over the 12 months to September 2012, Lane Clarke & Peacock said today. http://www.theactuary.com/news/2012/11/deficits-of-irelands-largest-pension-schemes-hit-10bn/ 310423 Fri, 02 Nov 2012 15:00:00 GMT 20121102150000 Fri, 02 Nov 2012 15:08:56 GMT 20121102150856 Fri, 02 Nov 2012 15:08:56 GMT 201211021530856 Nick Mann Pensions News International Page The Financial Services Authority has revealed how it will cut the rates used to project returns on personal pensions and life insurance policies to give savers a more realistic idea of the payouts they will receive. http://www.theactuary.com/news/2012/11/fsa-to-cut-life-and-pension-projection-rates/ 310389 Fri, 02 Nov 2012 14:00:00 GMT 20121102140000 Fri, 02 Nov 2012 14:09:08 GMT 20121102140908 Fri, 02 Nov 2012 14:14:19 GMT 201211021421419 Nick Mann Pensions Life insurance News Regulation standards Page Top story The combined deficit of the UK's defined benefit pension schemes fell to £102bn last month, but schemes remain at the whim of changes in the volatile equity markets, JLT Pension Capital Strategies said today. http://www.theactuary.com/news/2012/11/uk-defined-benefit-pension-schemes-deficit-falls-to-102bn/ 309664 Thu, 01 Nov 2012 11:00:00 GMT 20121101110000 Thu, 01 Nov 2012 11:10:55 GMT 20121101111055 Fri, 02 Nov 2012 14:13:56 GMT 201211021421356 Nick Mann Pensions News Page The value of the assets managed by the world's 500 largest fund managers fell by 2.5% last year, according to research published by Towers Watson this week. http://www.theactuary.com/news/2012/11/top-managers-lose-assets-in-volatile-2011/ 309677 Thu, 01 Nov 2012 10:00:00 GMT 20121101100000 Thu, 01 Nov 2012 11:19:41 GMT 20121101111941 Thu, 01 Nov 2012 11:19:41 GMT 2012110111111941 Nick Mann Investment News International Page Children first for ISIS/ David Bor conquers Ironman Challenge/ The Actuary and WCA joint charity campaign/ The history of war games/ Announcements: Obituaries & Births http://www.theactuary.com/news/2012/11/social-news-round-up-november-2012/ 317435 Thu, 01 Nov 2012 10:00:00 GMT 20121101100000 Tue, 20 Nov 2012 15:34:20 GMT 20121120153420 Tue, 20 Nov 2012 15:42:51 GMT 201211201534251 Henry Manners News people profession societies Page Low-paid workers are far less likely to have a workplace pension and those that do have far lower employer contribution rates, according to the Trades Union Congress. http://www.theactuary.com/news/2012/10/low-paid-workers-are-missing-out-on-pension-provision/ 309043 Wed, 31 Oct 2012 15:00:00 GMT 20121031150000 Wed, 31 Oct 2012 15:51:04 GMT 20121031155104 Wed, 31 Oct 2012 15:51:04 GMT 201210311535104 Nick Mann Pensions News Page The damage caused in the US by 'super-storm' Sandy could cost insurers up to $15bn, according to catastrophe modelling firm AIR Worldwide. http://www.theactuary.com/news/2012/10/insured-us-losses-from-sandy-could-reach-15bn/ 308910 Wed, 31 Oct 2012 11:00:00 GMT 20121031110000 Wed, 31 Oct 2012 11:37:51 GMT 20121031113751 Thu, 01 Nov 2012 11:22:34 GMT 2012110111112234 Nick Mann Modelling/software News International Page industry GI The overall impact of quantitative easing on UK pension funds has been exaggerated and should not be used as an excuse for schemes not to de-risk, Towers Watson said yesterday. http://www.theactuary.com/news/2012/10/impact-of-qe-on-pension-funds-has-been-exaggerated/ 308550 Tue, 30 Oct 2012 15:00:00 GMT 20121030150000 Tue, 30 Oct 2012 15:25:45 GMT 20121030152545 Wed, 31 Oct 2012 11:42:22 GMT 2012103111114222 Nick Mann Pensions News Page