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The Actuary The magazine of the actuarial profession


  • Gender balance needed ©iStock Almost 100 firms sign up to Women in Finance CharterThe Women in Finance Charter sees 22 new firms, who collectively employ over 20,000 people, sign up to help improve gender diversity at senior levels. 08 November 2016
  • Data security concerns ©Shutterstock Financial service industry risking cyber securityFinancial service institutions are unaware or under-reporting the frequency of cyber attacks according to a report by governance, risk and compliance company, MetricStream. 08 November 2016
  • Brexit hole ©iStock Public finances hit by £25bn in Brexit aftermathLower growth forecasts in the autumn statement will lead to a £25bn toll on public finances according to a new study by the Institute for Fiscal Studies (IFS). 08 November 2016
  • Emerging-market opportunities ©Shutterstock Potential $23trn in climate-smart investmentsParis climate change agreements adopted last year have helped open up nearly $23trn (£18.5trn) in emerging-market investment opportunities according to the International Finance Corporation (IFC). 08 November 2016
  • System overhaul needed ©Shutterstock New power grid could save £8bnA smarter power system using clean technologies could save UK households £90 per year by 2030 according to a new report by think tank Policy Exchange. 07 November 2016
  • Commitment still ‘not good enough’©Shutterstock Predicted 2030 emissions need 'urgent' 25% cutThe world must up its efforts to cut approximately a quarter off predicted 2030 global greenhouse emissions to minimise the impact of climate change according to UN Environment's (UNEP) annual Emissions Gap report. 07 November 2016
  • New IFoA paper IFoA publish new PPO handbookThe Institute and Faculty of Actuaries' Periodical Payment Orders (PPOs) Working Party have published a new paper to help actuarial practitioners develop reserving, pricing and capital modelling strategies. 07 November 2016
  • Unfair system ©iStock Triple-lock 'unfair and unsustainable'The economy is heavily skewed towards baby boomers and against millennials, with the state pension triple-lock set to worsen the problem according to the Commons Work and Pensions Committee's intergenerational fairness report. 07 November 2016
  • Transition to low-carbon economy ©Shutterstock Oil companies silent on climate riskOil majors have shown a lack of disclosure to investors on the impact that electric vehicles and renewable energy could have on their businesses, according to InfluenceMap's The Oil Majors and Climate Risk report. 04 November 2016
  • Parliament to vote on Brexit process ©iStock Parliament consent needed to trigger Article 50The High Court has ruled today that the government will need to secure parliament's consent before triggering Article 50. 03 November 2016
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