Older workers are facing increasing challenges in returning to the labour market following the COVID-19 pandemic, with the latest government statistics revealing rising numbers of ‘economically inactive’ people aged over 50.
UK investors are more likely to support clean energy than the government, with six out of 10 looking to raise their stakes in renewables, according to a poll.
Assets under management (AUM) at the world’s top 300 pension funds have increased by 8.9% to reach a new record, now totalling US$23.6trn in 2021, according to a study.
A fund for preventing, preparing and responding (PPR) to pandemics has been formally launched by the World Bank and the World Health Organisation (WHO).
Pension savers considering temporarily opting out of their contributions during the cost-of-living crisis could be ensnared by “hidden traps” that will leave them considerably worse off, according to an independent consultancy.
Investments in new renewable energy capacity will generate US$237bn (£205bn) of additional insurance premiums by 2035 if all national targets are delivered on, research by Swiss Re suggests.
More than two in five UK adults aged 55–64 are “struggling financially” or “up to their neck in debt” amid the cost-of-living crisis, research from Aviva has uncovered.
More than half of UK adults believe that the pensions triple lock should remain in place, although views vary significantly across age groups as inflation continues to rise.
The Institute and Faculty of Actuaries (IFoA) has issued a Risk Alert to all its members on the impact of high inflation, with a particular focus on actuaries working in general and life insurance and pensions.
