The magazine of the actuarial profession

Profession

Auto-enrolment and funding top The Pensions Regulator's prioritiesDelivering the best possible outcomes for savers with auto-enrolment and addressing the funding issues faced by employers will be key priorities for The Pensions Regulator over the next four years. 21 May 2013
Risk to multinationals from natural hazards 'is increasing'Large multinationals' increasing reliance on international supply chains, infrastructure and markets pose a major risk to 'business as usual', a report published by the United Nations International Strategy for Disaster Reduction and PricewaterhouseCoopers today has warned. 20 May 2013
European pension funds 'moving away from equities'Pension funds across Europe have continued to reduce their exposure to equity markets over the past 18 months as they bid to limit funding level volatility, Mercer said today. 20 May 2013
Public service pensions 'will be cut by a third' by reformsThe government's public sector pension reforms will reduce the average value of a pension by more than a third, according to analysis published by the Pensions Policy Institute today. 17 May 2013
Flood insurance guarantee extended by a monthInsurers have extended their commitment to offering cover to properties at high risk of flooding by one month to the end of July. 16 May 2013
Lengthy retirement 'is bad for your health'Ministers have been urged to remove barriers to people working longer after a study found that retirement has a detrimental effect on both mental and physical health over time. 16 May 2013
Solvency II is still needed, says Standard & Poor'sNew rules governing Europe's insurance industry are still needed despite the damage to investor confidence being caused by delays to their introduction, Standard & Poor's said today. 15 May 2013
Trade unions back 'collective DC' pension provisionGovernment plans for defined ambition workplace pensions should focus on using large-scale schemes to share risk between members rather than between workers and employers, the Trades Union Congress said today. 15 May 2013
Institutional investors 'to increase exposure to emerging markets'Fund managers expect emerging market debt and equity to be the key growth areas for institutional investment over the next 18 months, according to Aon Hewitt. 14 May 2013
UK DB pension scheme deficits up to £257bnThe combined deficit of the UK's defined benefit pension schemes increased to £256.6bn last month, according to figures published by the Pension Protection Fund today. 14 May 2013