As actuaries we often have to derive mortality bases from portfolio experience data, but how certain are we of the results? Stephen Richards presents a method of quantifying this risk
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
The Prudential Regulation Authority (PRA) has proposed raising the Financial Services Compensation Scheme (FSCS) limit for annuities to cover 100% of the fund in the event of an insurer failure.
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.
The insurance industry could face a £1bn hit from the governments pension fee cap when it comes into effect next year, the chief executive of the mutual Royal London has warned.
Fresh products and services will be developed to take advantage of the new flexible retirement market in the UK, financial services firm State Street Corporation has claimed.
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 Institute and Faculty of Actuaries (IFoA) today issued a paper assessing the impact of different currency options on the Scottish life insurance sector.
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.
