Profession

Pension contributions hit record highEmployer contributions into defined contribution (DC) pension schemes at FTSE 100 companies have reached a record high, research from Willis Towers Watson (WLTW) has uncovered. 18 July 2019
Insurance automation spending to more than treble in five yearsInsurance companies will spend more than three times as much on automation in five years than they do today, according to forecasts by Juniper Research. 18 July 2019
PASA publishes GMP equalisation guidanceThe Pensions Administration Standards Association (PASA) yesterday published guidance for UK schemes undertaking guaranteed minimum pensions (GMP) equalisation. 17 July 2019
Twenty-fold increase in climate law recordedThere has been a more than twenty-fold increase in national climate legislation and policy over the last 20 years, research from global law firm Clyde & Co has revealed. 17 July 2019
UK's discount rate raised to -0.25%The rate used by UK insurers to calculate compensation for serious personal injury claims has been increased after concerns were raised that victims receive too much. 16 July 2019
UK firms failing to adapt pension strategies to ageing workforceJust one-third of UK businesses have reviewed their pensions strategy in response to the challenge of an ageing workforce, new research has uncovered. 10 July 2019
Investors on 'emergency footing' as polluting firms fail to transitionJust one in eight of the world's most carbon-emitting listed firms are cutting their emissions at the rate needed to keep global warming below 2C above pre-industrial levels. 10 July 2019
CFOs increasingly fearful of BrexitMore chief financial officers (CFOs) are worried about the long-term impact of Brexit than at any point since the 2016 referendum, a quarterly survey by Deloitte has found. 09 July 2019
IFRS 17 amendments a 'wake-up call' for insurersRecent amendments to IFRS 17 have given a complete picture of what the final accounting standard will look like and should be a wake-up call for insurers. 08 July 2019
Chubb becomes first major US insurer to announce coal restrictionsChubb has become the first major US insurer to announce investment and underwriting restrictions on the coal industry after growing pressure from environmental groups. 03 July 2019