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People & Social News
Risk & ERM
UK pension deficit jumps by £80bn overnight due to Brexit
The gap in UK defined benefit (DB) pension funding has now reached £900bn, an increase of £80bn from yesterday, as a result of UK's decision of leaving the EU, Hymans Robertson has confirmed.
24th June 2016
Brexit: UK insurers continue to be bound by Solvency II for now
It is understood that despite the UK voting to leave the EU, the Solvency II directive is still applicable to UK insurers until new legislation is established.
24th June 2016
Pfizer Ireland to close down DB pensions
Pharmaceutical firm Pfizer has announced it is proposing to close its defined benefit (DB) pension schemes for its staff in Ireland from 2018.
23rd May 2016
Transport assets give 'most positive performance' in infrastructure investment
Transport and related projects have been rated as the sectors that have performed particularly well, according to a report by Deloitte.
11th May 2016
Australia to embed objective of private pension system into new law
The Australian government has announced it is to link the objective of the countrys private pensions system with retirement income under a standalone Act.
10th May 2016
Pension professionals commend EIOPA's decision not to pursue solvency regime
Critics of the pension industry have praised the European Insurance and Occupational Pensions Authority (EIOPA) for deciding not to recommend a EU-wide solvency regime for defined benefit (DB) schemes.
15th April 2016
2015 'most lethal year' for terrorism in Europe
The year 2015 was the deadliest for terrorist violence in Europe in nearly a decade, according to Aon Risk Solutions.
12th April 2016
Actuaries predict Ireland to win rugby's Six Nations Championship
Ireland is most likely to win the 2016 RBS Six Nations Championship, actuaries have said.
3rd February 2016
European Parliament approves IORP II
The Economic and Monetary Affairs Committee (ECON) of the European Parliament has approved the revised Institutions for Occupational Retirement Provision (IORP) Directive, on a vote of 47 to three.
27th January 2016
Low interest rates pose challenges for pensions, stress test finds
Prolonged period of low interests rates will create significant future challenges to the strength of pension schemes, according to the European Insurance and Occupational Pensions Authority (EIOPA).
26th January 2016