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The Actuary May 2015

Issue date: May 2015

In this issue...

2

Solvency ii webinar

Webinar from The Actuary
Wednesday 10th June 2015
Open-access content
2

'Poor pension member engagement due to shameful lack of financial education'

More people are making inquiries to transfer from defined benefit (DB) to defined contribution (DC) pension schemes but not many are switching.
Friday 29th May 2015
Open-access content
2

Uncertainty over EU referendum makes life difficult for trustees

Pension trustees preparing to comply with the revision of the EU directive on Institutions for Occupational Retirement Provision (IORP) are facing challenges as a result of the UK’s Europe in/out referendum, an event was told.
Friday 29th May 2015
Open-access content
2

EU referendum outcome would have 'significant impact' on pensions, insurance and investment, warns IFoA

The result of a referendum on the UK’s membership of the EU could have a significant impact on how actuaries work, according to the IFoA.
Thursday 28th May 2015
Open-access content
2

Solvency II: standard formula will fit most UK firms but should not be default option

The standard formula should be a “good fit” for most UK insurance firms when complying with Solvency II, but firms still need to assess whether it is appropriate, an actuary has warned.
Thursday 28th May 2015
Open-access content

UK creditor insurance 'unlikely to bounce back'

The creditor insurance industry in the UK has been in decline due to the payment protection insurance (PPI) mis-selling scandal and is unlikely to recover, according to a report by data provider Timetric.
Wednesday 27th May 2015
Open-access content
2

Older people pay more for travel insurance but claim less

Older people face “huge increases” in the cost of travel insurance but they are claiming less, says Which?.
Wednesday 27th May 2015
Open-access content
2

Nine Western countries face increased risk of terrorism

Nine Western nations including Ireland have been rated ‘at an increased risk of terrorism’, according to a report by Aon Risk Solutions.
Tuesday 26th May 2015
Open-access content

FCA uncovers poor practice in managing insurance claims by SMEs

The handling of insurance claims does not consistently meet SMEs’ expectations, according to the Financial Conducts Authority (FCA).
Tuesday 26th May 2015
Open-access content
2

Aviva assesses Kent earthquake

Insurance firm Aviva has people out on the ground to assess the impact of the earthquake that took place in Kent this morning.
Friday 22nd May 2015
Open-access content

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