UK workers could lose track of more than £100bn in pension savings as huge numbers look to change jobs following the COVID-19 pandemic, new analysis suggests.
Large companies are preparing for an intense level of scrutiny over the next 12 months as the public and government show more interest in their business practices and behaviour following COVID-19.
Only three in 10 UK employers expect to have their workforce fully back onsite in two years' time following the outbreak of COVID-19, a study by Willis Towers Watson (WTW) has found.
Increasing regulatory pressure and the need for cost efficiencies has seen almost half of UK pension schemes turn to professional trustees as they search for more governance simplicity.
The UK's financial sector has made significant progress boosting female representation over the last five years, with women now accounting for almost a third of board roles.
Life and property and casualty (P&C) insurers are set to accelerate their use of automation over the next five years as they look to improve the efficiency and auditability of their actuarial processes.
The Institute and Faculty of Actuaries (IFoA) has announced that Louise Pryor has begun work as its new president after taking over from Tan Suee Chieh.
