The Institute and Faculty of Actuaries (IFoA) has issued a Risk Alert to all its members on the impact of high inflation, with a particular focus on actuaries working in general and life insurance and pensions.
The youngest UK workers could see their retirement savings cut by a quarter if they were to reduce their pension contributions by 2% in response to the cost-of-living crisis.
General insurers can expect slower premium growth in Europe over the next three years as rising inflation impacts the ability of policyholders to pay higher prices, new analysis suggests.
The five UK councils where people are expected to live longest have average property prices up to six times higher than in the five local authorities where life expectancy is lowest.
Almost one-tenth of UK baby boomers aged 58 to 75 retired earlier than they had planned during the peak two years of the COVID-19 pandemic, research has found.
Regulations proposed by the UK's Department for Work and Pensions (DWP) would force an accelerated endgame of DB pension schemes over the next 10-15 years, a leading actuary has warned.
More than one million eligible UK workers at small and medium-sized companies (SMEs) are not currently saving into a workplace pension, new research has uncovered.
More than £800bn of equity was available for release in UK homes during the second quarter of this year, which is the first time the value has exceeded this milestone.
Seven out of 10 US employees are not saving enough for retirement, while older workers are now more likely than before the pandemic to say they will retire beyond the age of 70.
The majority of small UK firms have seen their insurance premiums rise over the last year, leaving some exposed to new risks as they forgo coverage, the Federation of Small Businesses (FSB) has found.
