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The Actuary April 2013

Issue date: April 2013

In this issue...

2

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Wednesday 1st May 2013
Open-access content
The Pensions Regulator

Single workplace pensions regulator not needed, says O'Higgins

Michael O'Higgins, the chair of The Pensions Regulator, has dismissed MPs calls for a single regulator for workplace pensions.
Tuesday 30th April 2013
Open-access content
Pensions legislation MPs Commons

Solvency II 'is an object lesson in how not to make law'

The delayed implementation of new rules governing Europe's insurance industry, Solvency II, has come under fire from MPs and the head of the UK's Prudential Regulation Authority.
Monday 29th April 2013
Open-access content
2

Young women's motor insurance costs 'up by a third'

The cost of motor insurance for young women drivers has increased by 32% over the past six months due to the impact of a ban on gender-based pricing, according to figures published by Towers Watson.
Monday 29th April 2013
Open-access content
2

Scottish independence 'would involve major pensions costs'

A ‘yes’ vote for Scottish independence could have ‘substantial’ funding implications for pension scheme sponsors, according to a report published today by the Institute of Chartered Accountants of Scotland.
Friday 26th April 2013
Open-access content

Local government pension deficit 'has doubled since 2010'

The aggregate deficit of the funds in the Local Government Pension Scheme has increased from £38bn to ‘well over’ £80bn over the past three years, KPMG said today.
Thursday 25th April 2013
Open-access content
2

Car and home insurance premiums continue to fall

The average cost of both motor and home insurance fell during the first three months of this year, according to figures published by the AA today.
Thursday 25th April 2013
Open-access content

Parents under pressure as pensions plummet

Four out of ten people retiring this year will still be providing ongoing financial support to their children and grandchildren, according to a study published today by the Prudential.
Wednesday 24th April 2013
Open-access content
2

Single regulator is needed for workplace pensions, say MPs

The government should look again at creating a single body with sole responsibility for regulating workplace pensions, MPs said today.
Wednesday 24th April 2013
Open-access content

Cost of buying £5,000-a-year retirement income has jumped 29%

The size of pension pot needed to provide a man with an annual retirement income of £5,000 has increased by nearly a third since late 2009, official figures published today have revealed.
Tuesday 23rd April 2013
Open-access content

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