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The Actuary October 2014

Issue date: October 2014

In this issue...

ABI: motor insurance costs continue to fall

The cost of comprehensive motor insurance fell to £356 in the third quarter of this year, down £2 on the second quarter, according to the Association of British Insurers.
Friday 31st October 2014
Open-access content

'Marked improvement' in PPF scheme deficits

Pension schemes that are members of the Pension Protection Fund saw a ‘marked improvement’ in their deficit over the last year, according to an analysis published today.
Thursday 30th October 2014
Open-access content
2

Climate change experts urge flood-risk reduction plan

The government and insurers should collaborate on a plan to reduce flood risk, the official advisory committee on climate change has said after finding that the uptake of sustainable drainage systems (SuDS) in new development was low.
Wednesday 29th October 2014
Open-access content

Up to 200,000 people could cash in pensions, poll finds

Up to 200,000 pension savers could cash in their retirement fund next year, according to new research.
Wednesday 29th October 2014
Open-access content
ta

JFAR issues public interest discussion paper

The Joint Forum on Actuarial Regulation (JFAR) is seeking views on its identification of risks to the public interest.
Tuesday 28th October 2014
Open-access content

FTSE350 defined benefit deficits 'up 50%' in early October

The defined benefit pension deficits of the UK’s largest companies jumped by 50% to £96bn in the first two weeks of October, consultants Hymans Robertson have found.
Monday 27th October 2014
Open-access content
2

University staff threaten action in pensions row

The row over proposed changes to the University Superannuation Scheme (USS) has gathered pace, with staff at 69 universities threatening a marking boycott.
Monday 27th October 2014
Open-access content

DWP to seek new pensions ombudsman and deputy

The Department for Work and Pensions has announced that it will shortly start the search for a new pensions ombudsman and deputy.
Thursday 23rd October 2014
Open-access content
2

DWP to scrap short-service pension refunds

Workers who leave their employer after two years will no longer be pushed into withdrawing their pension contributions, pensions minister Steve Webb has announced.
Thursday 23rd October 2014
Open-access content

Small firms would like auto-enrolment delay, ACA poll finds

Over 90% of small employers – those with 249 or fewer workers – want to delay their in auto-enrolment duties until ongoing pension reforms are completed, an Association of Consulting Actuaries poll has found.
Thursday 23rd October 2014
Open-access content

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