This month we interview Kristian Niemitz, head of political economy at the IEA, who posits that there is a better way to organise a health system than the NHS, in order to deliver improved outcomes (p12).

People and society news: June

Peter Towers and Justin Thomas explain the falling popularity of PPOs in claim settlements, and their implications for insurers

Derek Steeden and Kedi Huang discuss how cashflow-driven investment can help defined benefit pension schemes manage cashflow and meet long-term funding targets

What might climate-related risk analysis look like for pension schemes? Neil Mitchell, Claire Jones and Lisa Eichler investigate

Kristian Niemietz talks to Chris Seekings and Ruolin Wang about his controversial ideas for reforming the UK’s National Health Service

Esther Hawley and Sandy Trust on the IFoA’s new guide for actuaries working in defined contribution pensions, and why such schemes should commit to net zero today

I read The Actuary article ‘Home truths’ (May 2021) with dismay. Those who have designed these equity release mortgage products do not seem to understand the possible events as one or other of a couple become elderly. They do not die or move into long-term care simultaneously. For one reason or another, either while one or both are alive, there may well be a good reason to sell their home, and this is where the early repayment charge (ERC) cuts in.

With the first year of the new CPD scheme closing on 31 August, we asked some members for their first impressions

Lorenzo Chan reflects on the lessons gained while building microinsurance products for Filipinos on low incomes