News from The Actuary

Cost of comprehensive car insurance drops 14%

RSS icon01:00pm 16 October 2013

Comprehensive motor insurance premiums dropped by 14% in the last 12 months to £652, according to price a comparison website.

State pension set for 2.7% increase

RSS icon06:30pm 15 October 2013

The state pension is likely to increase by £2.97 next year to just over £113 a week, after the consumer price index measure of inflation was found to be 2.7% in the year to September

Altmann calls for new thinking on 'inadequate' pensions

RSS icon04:00pm 15 October 2013

The UK pension system is 'out of date', 'not fit for purpose' and could leave many savers exposed to poverty later in life, pension expert Ros Altmann has warned

Four of top five annuity providers increase rates

RSS icon06:15pm 14 October 2013

Four of the top five annuity providers in the UK increased their rates by 2% in September, according to the Annuity Bureau

NAPF highlights pensions confidence boost

RSS icon04:32pm 14 October 2013

Confidence in pension schemes has risen 'significantly' in among those workers who have already started to save, the National Association of Pension Funds revealed today.

Auto-enrolment regulations revised after first year

RSS icon06:37pm 11 October 2013

Pension minister Steve Webb has today announced a series of technical changes to the government's auto-enrolment programme that are intended to make it easier for smaller companies to add their...

Firefighters announce further strikes in pensions dispute

RSS icon04:17pm 11 October 2013

Firefighters in England and Wales are to strike again next week over what they claim are government 'attacks' on their pensions, the Fire Brigades Union announced today.

UK 'must learn from Netherlands' flawed collective DC schemes'

RSS icon05:02pm 10 October 2013

The UK needs to learn from the mistakes of the Netherlands if is to introduce collective defined contribution (CDC) schemes, European risk advisers Cardano said today

Auto-enrolment numbers pass 1.6 million mark

RSS icon01:56pm 10 October 2013

More than 1.6 million workers are now saving for retirement through an auto-enrolment pension scheme, the Department for Work and Pensions announced today

Savings slump for pre-retirees, Aviva finds

RSS icon12:00pm 10 October 2013

Four out of ten people aged between 55 and 64 saved nothing during the past year as the cost of living continued to rise, according to a report by insurers Aviva.