The magazine of the Institute & Faculty of Actuaries

News

Spring Statement: UK GDP upgraded for 2018The Office for Budget Responsibility (OBR) expects UK GDP to grow by 1.5% this year after previously forecasting an expansion of 1.4%, Philip Hammond revealed today in his spring statement. 13 March 2018
Majority of investors would consider cryptocurrency exposureSix out of 10 investors with no current exposure to digital currencies like Bitcoin and Ethereum would consider including them in their investment portfolios. 13 March 2018
First insurance M&A increase recorded since 2015There was a rise in the number of mergers and acquisitions (M&A) completed across the global insurance sector in the second half of last year the first increase recorded since 2015. 12 March 2018
One in five UK businesses need Brexit transition deal to operate as usualThousands of businesses across the UK face an uncertain future, with one in five unable to operate as usual after March 2019 without a Brexit transition deal agreed. 12 March 2018
Health insurers 'dragging their heels' with ineffective digital marketingThe UK health insurance sector is lagging behind other financial services in its ability to implement effective digital marketing campaigns, despite growing online interest from consumers. 09 March 2018
Most firms unprepared for automation boomVery few companies are prepared for an expected surge in automation over the next few years, with the use of artificial intelligence (AI) and robotics set to almost double by 2021. 09 March 2018
London ranked top talent pool for financial services in EuropeLondon is rated as having the best pool of talent for financial services in Europe by 89% of institutional investors around the world, new research has found. 08 March 2018
Gender pension gap highlighted on International Women's DayFour in ten women in the UK feel nervous about the impact starting a family might have on their career a life choice often cited as a cause of the 'gender pension gap'. 08 March 2018
CPD compliance update for 2016/2017 reporting yearThe IFoA's Membership Committee is delighted to report a 98% compliance rate for Fellow and Associate members in continuing professional development (CPD) category 2, for the 2016/2017 CPD reporting year. 08 March 2018
Practical implementation of the revised TASsHow have you implemented the revised Technical Actuarial Standards (TASs), effective from 1 July 2017? Come and hear how others have tackled the task and share your own experiences. 08 March 2018

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FEATURE

Retiring retirementAnthony Painter talks to David Boland about universal basic income and how, given a sense of freedom and security, people can take decisions that are right for their lives