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The Actuary March 2018

Issue date: March 2018

In this issue...

2

Financial services sector fears Brexit more than any other threat

Brexit is seen as by far the biggest threat to the UK’s financial services sector this year, with cross-border access predicted to be the greatest challenge arising from the UK leaving the EU.
Monday 9th April 2018
Open-access content
2

'Shocking' disparity in pension incomes recorded across the UK

New government data reveals that average pension incomes in the City of London are almost three times larger than those in Stoke, analysis by Royal London has found.
Friday 6th April 2018
Open-access content
2

One in five Brits to work till they drop

One-fifth of UK adults believe they will work until they are physically unable to, while one in twenty expect to be working all their lives, new research has found.
Thursday 5th April 2018
Open-access content
2

Insurers failing to abide by renewal rules

UK insurance firms are failing to implement rules designed to increase transparency and encourage shopping around at renewal time, the Financial Conduct Authority (FCA) has warned.
Wednesday 4th April 2018
Open-access content
2

Third of UK companies would pay ransom to hackers

Approximately one-third of UK business leaders would pay a ransom if they suffered a cyber attack, with one in ten willing to fork out £1m or more to get their systems and data back.
Wednesday 4th April 2018
Open-access content
2

Regulation driving tech investments

Financial institutions across the world are increasingly turning to technology to manage a growing number of digital threats and regulatory requirements.
Tuesday 3rd April 2018
Open-access content
2

Ageing population driving 'workforce crisis' for UK businesses

Falling migration combined with an ageing population have created a “perfect storm” that will lead to a severe shortage in Britain’s labour market by 2025.
Thursday 29th March 2018
Open-access content
2

Over a quarter of businesses unprepared for workplace pension changes

Approximately 28% of senior business decision-makers in the UK are unaware that their minimum workplace pension contributions will increase on 6 April this year.
Tuesday 27th March 2018
Open-access content
2

Cyber security spending to rise by a third over four years

Businesses around the world will increase their cyber security investment by a third over the next four years, reaching a collective annual spend of $134bn (£95bn) by 2022.
Tuesday 27th March 2018
Open-access content
2

Gender pension gap almost trebles in a decade

The difference between what British men and women receive in retirement income is almost three times larger now then it was 10 years ago, new research has found.
Monday 26th March 2018
Open-access content

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