The magazine of the Institute & Faculty of Actuaries

News

Brexit shakes businesses' view of UKBusiness advisor KPMG has said that the UK remains an attractive place to do business but less so because of its decision to leave the European Union. 13 April 2017
Over 5.5 million people saving more as a result of pension freedomsTwo years on since pension freedoms were introduced in the UK, 14% of working age people are saving more as a direct result, according to research by Aegon. 11 April 2017
Only 40% of people understand newly launched LISADespite 36% of British people considering saving for a house their top financial priority, 60% do not know what the lifetime individual savings account (LISA) has to offer. 11 April 2017
Millennials opting for 'get rich quick' stocks and shares ISAsThe number of trades made by 18-36-year-olds using individual saving accounts (ISAs) in 2017 is 16% greater than over the same period last year, according to research by The Share Centre. 10 April 2017
Trade credit insurance coverage at record high with £4m paid out each weekIt has been found that trade credit insurers paid £210m to businesses last year due to non-payment claims, the equivalent of over £4m a week, according to figures from the Association of British Insurers (ABI). 10 April 2017
European energy companies to halt investment in coal plants after 2020An association of European energy companies, with a collective turnover of €200bn (£171bn), has announced its intention not to invest in new-build coal-fired power plants after 2020. 07 April 2017
Risk management urged to consider rising global terrorism and political violenceBusinesses must develop strategies to navigate an increasingly volatile operating environment as a result of rising populist nationalism and the growing threat of terrorist attacks, according to Aon's 2017 Risk Map. 07 April 2017
Two out of three over-55s confused by pension freedomsTwo years on since pension freedoms were introduced in the UK, 67% of over-55s are confused by the reforms, and 77% do not want any more changes, according to research by Prudential. 06 April 2017
Gender pay gap reporting goes liveUK companies in the private, public, and voluntary sector, with 250 or more employees, will have to publish the difference in pay between their male and female staff after new government rules came into force today. 06 April 2017
Brexit investment advice boom anticipatedTwo out of three retirement advisers in the UK expect Brexit-related advice to increase this year as uncertainty over the EU exit process increases investment risk, according to research from MetLife. 05 April 2017

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FEATURE

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