Buried in the data of the 2011 Census is the discovery that there are now fewer elderly people than was previously estimated. The census data showed that there were 30,000 fewer people aged in their 90s than expected. This represents a reduction of around 15%, so what has happened to our 'missing' 90-year-olds?
Xi Kun Phua demystifies the new pension system in Singapore in particular the Central Provident Fund, the Lifelong Income Scheme For The Elderly, the non guaranteed annuity payouts and the bequest option.
The forecast for actuaries could be gloomy, seeing them lose out to other risk professionals, if they fail to maintain a wider influence in managing risk under Solvency II. Scott Robinson reports
Insurers should avoid Solvency II myopia, argues Paul Fulcher, and be aware of wider regulatory developments that could have a greater effect and present significant opportunities
Jeremy Lee and Sarah Bennett talk to John Coomber about his career and time as CEO at Swiss Re, his philosophy on leadership and how he thinks actuaries can apply their skills to wider areas of public interest
