In 20 years, the roles of life actuaries have altered vastly, reflecting changes in regulations, technical methods and the life insurance market itself. Chris OBrien and David Hughes outline the investigation by the IFoA working party to ask what the future holds
Insurers with large liability-hedging programmes should be thinking through the implications of gilt and swap yield movements in the event of a Yes vote for Scottish independence, actuaries Towers Watson warned.
Actuaries have said that the latest government guide to investing in UK infrastructures assets will be of welcome interest to UK life insurers who are keen help boost the economy and improve yields on their assets.
The Pensions Institute has warned that the governments reckless pension reforms risk turning private sector defined contribution funds into a savings scheme that will not provide an income for life.