Profession

Bulk annuity market to quadruple by 2030UK pension schemes have transferred £135bn of liabilities to insurers over the last decade, and this is set to quadruple over the next 10 years, Mercer has predicted. Wednesday, December 11, 2019
'Inevitable' climate policies could wipe $2.3trn off company valuesAbrupt and disruptive policy responses to climate change could permanently wipe up to $2.3trn (£1.75trn) off the valuation of the world's largest companies by 2025. Wednesday, December 11, 2019
Corporates warn of rising political riskSix in 10 major corporations believe that political risk levels have increased in 2019, an international survey by Willis Towers Watson (WTW) has uncovered. Monday, December 9, 2019
Huge fall in FTSE 350 pension spending recordedThe UK's 350 largest listed companies have recorded their largest year-on-year fall in defined benefit (DB) pension spending for a decade, analysis by Hymans Robertson has found. Monday, December 9, 2019
China tops student ranking for mathsChina has topped an international ranking of students' mathematics skills, with the UK climbing to 18th position from 27th three years ago. Wednesday, December 4, 2019
IFoA appoints new chief executiveThe Institute and Faculty of Actuaries (IFoA) has appointed Stephen Mann as its next chief executive, who will take up the post from 6 January 2020 Tuesday, December 3, 2019
Growing number of homeowners misunderstand equity releaseAn increasing number of UK homeowners do not understand how equity release works, despite £2.8bn in lifetime mortgages being lent by the end of the third quarter of 2019. Tuesday, December 3, 2019
Actuaries criticise lack of pension policies in party manifestosThe Association of Consulting Actuaries (ACA) has criticised a lack of pension policies put forward by UK political parties in their recently published manifestos. Monday, December 2, 2019
Customers reveal willingness to communicate more with insurersUK insurers are overlooking an opportunity to build brand retention and loyalty by not connecting more with their customers, a new survey has uncovered. Thursday, November 28, 2019
Lack of interest in savings fuelling gender pensions gapBritish women are twice as likely as men to be unaware of how much they have saved in their pensions, according to new research by insurance firm Aegon. Thursday, November 28, 2019