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Predictions by The Actuary
People & Social News
Issue date: August 2019
Articles in this issue
Nine million middle-aged UK workers 'flying blind' into retirement
Millions of middle-aged UK workers do not know how much they have saved into their pension or what they will need for a comfortable retirement, research by Aviva has found.
Friday 30th August 2019
Quarter of UK population to be aged 65 or over by 2050
A quarter of UK citizens will be aged 65 or over by 2050, up from around one in five today and one in six back in 1998, the Office for National Statistics (ONS) has predicted.
Thursday 29th August 2019
GMP equalisation now a top priority for pension experts
Guaranteed Minimum Pensions (GMP) equalisation has soared up the to-do list for pension professionals in the UK following a landmark Lloyds case late last year.
Wednesday 28th August 2019
Motor insurance claims inflation on the rise
UK motor insurers paid out 8.6% more per claim in 2018 on average than they did the previous year, and these costs are set to rise further amid Brexit uncertainty.
Tuesday 27th August 2019
Cyber security breaches to rise 70% by 2024
Cyber security breaches will increase by nearly 70% over the next five years and cost businesses around $5trn (£4trn) annually, up from approximately $3trn today.
Friday 23rd August 2019
Fund manager communication critical for investors, study finds
Almost three-quarters of institutional investors believe it is important for them to have direct and regular contact with fund managers, a global study has found.
Thursday 22nd August 2019
W&I insurance claims soar worldwide
Warranty and indemnity (W&I) insurance claims have increased hugely in recent years amid a growing number of mergers and acquisitions (M&A), research from Marsh has found.
Wednesday 21st August 2019
UK government urged to raise state pension age to 75
The UKs state pension age is unsustainable and should be raised to 70 by 2028 and 75 by 2035, the Centre for Social Justice (CSJ) think tank has recommended.
Tuesday 20th August 2019
Two in five drivers unaware of telematics insurance savings
More than two out of five UK drivers are unaware that they could save money by switching to telematics-based car insurance, a YouGov survey has uncovered.
Monday 19th August 2019
Pension contributions ranked by sector
Financial services provide their employees with higher pension contributions as a percentage of salaries than any other sector, a new study of UK industries has revealed.
Friday 16th August 2019