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News

People & Moves, MarchTorbjörn Magnusson (pictured), president and chief executive officer of If P&C Insurance, Sweden, has been elected vice-president of Insurance Europe 01 March 2013
Regulator launches pension scheme data-keeping probeThe Pensions Regulator has announced plans to check whether pension schemes are meeting its data-keeping standards. 28 February 2013
Over half might opt-out of auto-enrolment, survey findsMore 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. 27 February 2013
Employers' awareness of pensions auto-enrolment 'is on the rise'There has been a 'significant increase' in employers' awareness and understanding of pensions automatic enrolment, The Pensions Regulator said today. 26 February 2013
Insurance industry launches annuity code of conductThe 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. 26 February 2013
One third of UK adults 'are not saving for the future'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. 25 February 2013
Pension schemes push back risk reduction targetsSoaring 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. 25 February 2013
Workplace pension membership slumps to 15-year lowMembership 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. 22 February 2013
Half of pensioners 'missing out on state benefits'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. 21 February 2013
Key Solvency II vote pushed back until OctoberA key vote which is needed for the new rules governing Europe's insurance industry, Solvency II, to be finalised has been delayed again. 21 February 2013

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FEATURE

Long-term care: coming of ageLife expectancy has hit record levels, but public age-related spending is likely to have to follow suit. Emma McWilliam and Richard See Toh report