The gender gap for retirement saving has widened over the past year with men saving more of their income and women saving less, according to research published by Halifax today.
General insurers confidence fell rapidly in the second quarter of 2012, while profitability in the life insurance sector fell for the first time since December 2009, according to the latest quarterly
The European Court of Justice's ruling on gender-neutral insurance premiums is not expected to have a serious impact on UK life insurers because they have the necessary expertise to maintain profitability, Fitch Ratings said today.
Global insurance premiums fell by 0.8% last year, as a growth in non-life insurance premiums was more than cancelled out by a fall in life insurance premiums, Swiss Re said yesterday.
The total pensions deficit of the UKs leading 250 companies increased from £5bn to £11bn last year, despite the injection of £1.5bn to close pensions deficits, according to figures published by JLT Pension Capital Strategies Limited today.
Membership of private sector defined contribution pension schemes could more than double from 6.6 million to 16 million by 2020, according a report published by the Pensions Policy Institute today.
Insurance companies and pension funds sold gilts at the fastest rate in over a decade in the first quarter of 2012, according to figures published by the Office for National Statistics today.
A majority of bankers, insurers and asset managers are not confident that their company's business model is good enough to cope with unexpected levels of financial or economic volatility, according to a survey published today by SunGard.
Pensioners have seen above average increases in their income since 1999 and should bear the brunt of any tax rises or benefit cuts needed to fund proposed reform of the UK care system, the Institute for Fiscal Studies said today.
Almost half of North American life insurance businesses view continuing low US interest rates as the biggest threat to their business, according to a survey published by Towers Watson last week.
