The slowing pace of mortality improvements observed recently for the UK general population has generated much discussion in the actuarial and political community, and even made the national headlines. Its a trend seen elsewhere in the world too, and so in this issue we put the spotlight on these changes.
Although I have long appreciated the impact of climate change on many areas of our work for example, the emergence of new risks and stranded assets it wasnt until I met professor Aled Jones to conduct this months interview for The Actuary (p14) that I realised the real pervasiveness of climate change underlying our work.
The Pensions Regulator has today approved a proposal from Tata Steel UK (TSUK) to separate itself from the British Steel Pension Scheme (BSPS), to avoid the company becoming insolvent.
