The magazine of the Institute & Faculty of Actuaries

News

Investor confidence in UK stock exchange lower than any otherThe UK is the regional stock market in which investors have least confidence in worldwide, according to new research by Hargreaves Lansdown. 22 August 2017
Measures to tackle pension cold calling announcedThe UK government announced yesterday that it would ban cold calls and tighten protections against transfers to fraudulent schemes. 21 August 2017
Banking and insurance sector to lead 'explosion' in private data exchangesThe capacity for private data exchanges between businesses will be nearly six times that of what can be carried by the public internet by 2020, according to Equinix's Global Interconnection Index 18 August 2017
Insurers disclosing Solvency II requirements incorrectlyOver a quarter of the top 100 non-life insurers in the UK and Ireland have published quantitative reporting templates (QRTs) containing errors. 17 August 2017
New firms illegally avoiding insurance coverageJust four in ten UK businesses operate with insurance in their first three years, with 74% of those without cover saying they are not big enough to need it. 17 August 2017
Boom in older workers sees employment rate hit all-time highThe amount of UK workers aged 50 and over increased by 2% over the last year to 9.9 million, according to figures released today by the Office for National Statistics (ONS). 16 August 2017
Unchanged inflation raises hopes that prices have peakedConsumer price inflation in the UK remained at 2.6% in July after an unexpected fall the previous month, according to figures released today by the Office for National Statistics (ONS). 15 August 2017
Six biggest energy suppliers urged to embrace the 'renewable revolution'A group of ex-industry leaders has urged the six biggest energy providers in the UK to focus on making smart services and local renewables mainstream if they are to continue to thrive in the future. 14 August 2017
Pension auto-enrolment hindering pay growthApproximately one-fifth of private sector firms in the UK believe the government's auto-enrolment pensions scheme is acting as a barrier to pay growth. 14 August 2017
Six in ten large firms considering blockchainSome 57% of large firms worldwide are considering the implementation of blockchain technology, according to a study by Juniper Research. 11 August 2017

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FEATURE

Professor Aled Jones: Apocalypse nowProfessor Aled Jones,director of the Global Sustainability Institute, talks to Richard Purcell about the climate change risks facing pensions and insurance and how actuaries can help