The Actuary April 2017

Only 21% of UK employers incentivise good pension saving with total contributions of 15% or more, according to research by Hargreaves Lansdown.

It has been found that 85% of people aged over 50 think they retired too early, with this number rising to 88% among those who are now older than 70.

The average motor insurance premium in the UK is now at £462, signalling an 8% rise since the first quarter of 2016, according to findings by the Association of British Insurers (ABI).

Mercer’s pensions risk survey has found that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies fell from £137bn at the end of February to £133bn on 31 March 2017.

Pensions consultancy Hymans Robertson has found that 61% of workers aged under 40 would open a Lifetime ISA (LISA) and 68% would save into one alongside a pension.

Business advisor KPMG has said that the UK remains an attractive place to do business but less so because of its decision to leave the European Union.

Despite 36% of British people considering saving for a house their top financial priority, 60% do not know what the lifetime individual savings account (LISA) has to offer.

Congratulations to Alice Pemberton-Barlow and her husband Paul who welcomed their son Albert Frederick Barlow on 9 February. He was a very healthy 9lb 12oz!

Ellen and Mark Gorman, of EY and Aviva respectively, are delighted to announce that their second child, Sarah Naomi Gorman, was born on 25 February 2017.