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The Actuary December 2017

Issue date: December 2017

In this issue...

2

More than half of largest UK and US companies unprepared for GDPR

The majority of firms listed in the FTSE 350 and Fortune 500 are not preparing themselves in time for imminent General Data Protection Regulation (GDPR).
Wednesday 3rd January 2018
Open-access content
2

Global economic growth set for seven-year high

The global economy will grow by almost 4% in purchasing power parity terms this year – the fastest rate of expansion recorded since 2011.
Wednesday 3rd January 2018
Open-access content
2

MiFID II marks 'watershed moment' for financial regulation

The EU’s Markets in Financial Instruments Directive II (MiFID II) came into effect today and is expected to be one of the final pieces of regulatory reform following the 2008 banking crisis.
Wednesday 3rd January 2018
Open-access content
2

2017 one of worst years recorded for global reinsurance market

Extreme weather events in the second half of last year are set to result in 2017 being one of the worst twelve months recorded for the global reinsurance market.
Tuesday 2nd January 2018
Open-access content
2

FTSE 100 firms continue to cut DB pension provision as costs rocket

Challenging economic conditions saw the total disclosed pension liabilities of FTSE 100 companies increase from £584bn to £705bn over the last 12 months.
Tuesday 2nd January 2018
Open-access content
2

Investors warned of antibiotic resistance threat to portfolios

Antibiotic resistance is one of the world’s most rapidly emerging public health threats and could result in $100trn (£74trn) of lost output between now and 2050.
Friday 15th December 2017
Open-access content
2

Bulk annuity market set for record year in 2018

The UK bulk annuity market will experience a bumper year in 2018, according to risk management firm Aon, with transactions predicted to reach £30bn for the first time.
Friday 15th December 2017
Open-access content
2

UK facing 'midlife savings crisis'

The UK’s ageing workforce is facing a midlife savings crisis, with one-fifth of people in their fifties and sixties currently unable to put aside anything for retirement.
Friday 15th December 2017
Open-access content
2

Care home 'funding lottery' identified across UK

UK pensioners are being forced to haggle for social care due to a huge variation in the levels of funding provided by councils, according to research by Royal London.
Friday 15th December 2017
Open-access content
2

FinTech has potential to 'Brexit-proof' London's financial sector

Technology will be the dominant driver of change in global financial services in the years to come, rather than regulation or the UK’s decision to leave the EU.
Friday 15th December 2017
Open-access content

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