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Bernardino heralds Solvency II stress testA new supervisory tool for Solvency II will be launched in April to 'stress test' the resilience of insurers regarding market risk, the European Insurance and Occupational Pensions Authority has said. 17 February 2014
Global companies backing out of DB pensions, PwC poll findsMultinational companies have 'closed the door' on defined benefit pensions because deficits have become unmanageable, a new survey claimed today. 17 February 2014
FCA slams 'disorderly' annuities market and plans further probeThe annuity market is 'disorderly' and 'not working well' for consumers who seek to convert their defined contribution pension pots into fixed income, the Financial Conduct Authority said today after an extensive review 14 February 2014
Almost 3 million now auto-enrolled in workplace pension savingAlmost 3 million people have now been auto-enrolled into a workplace pension scheme, according to latest figures from The Pensions Regulator. But pension experts are warning that people are still not saving enough for retirement. 13 February 2014
Employers fear older workers will drive up costsAlmost half of UK employers are worried they will face higher costs because of the expected increase in workers aged 60-years or over between now and 2020, according to a new report 12 February 2014
PwC puts insured losses from winter storms at £500mUK insurers are expected to foot a £500m bill following the storms and flooding of December = and January, PricewaterhouseCoopers has estimated 11 February 2014
Former Lloyds risk chief to lead OFT legacy DC auditFormer Lloyds Banking Group's chief risk officer Carol Sergeant has been appointed to oversee the Office of Fair Trading's audit of high-cost and legacy defined contribution workplace pensions, the watchdog announced today 11 February 2014
TPR urged to go further on DB investmentThe Pensions Regulator should do more to inform defined benefit pension trustees of their scope to invest in businesses outside their covenant 'net', actuarial firm Hymans Robertson has said. 10 February 2014
Labour pledges compulsory independent pension advice for retireesAll pension savers approaching retirement will benefit from the advice of an independent broker to make sure they get the best deal from their pension pot, the Labour Party has promised 10 February 2014
US winter storms leave $1.5bn bill for insurersWinter storms that hit the US in January caused insured losses of $1.5bn, a global catastrophe report has found. 07 February 2014

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FEATURE

Social media: The age of meIt's time for insurance to come out of the dark ages and take advantage of 'code halos', the technology trail that each one of us creates around ourselves, writes Ben Pring