News from The Actuary
'Retirement anxiety' more a problem for young than old
04:10pm 12 August 2013
Young people are more concerned than their parents about ill health and care costs in retirement, according to research published today by Scottish Widows
Shop around for annuities or lose out, warns Partnership
01:30pm 12 August 2013
Nearly four out of five people approaching retirement mistakenly believe that staying with their existing pension provider will make no difference to the income they receive from their annuity,...
Over-50s opting out of auto enrolment, DWP finds
02:00pm 8 August 2013
Opt-out rates from automatic pensions enrolment are highest among employees aged over 50, a government survey has found.
Maintaining low interest rates 'will keep up pressure on DB liabilities'
12:00pm 8 August 2013
Actuaries have warned that the Bank of England's decision to hold down interest rates until the labour market picks up will keep up the pressure on UK defined benefit pension scheme liabilities.
Second billion-dollar storm for Canada
12:00pm 8 August 2013
Canada has recorded its second billion-dollar natural disaster event of 2013 with a series of strong thunderstorms in the greater Toronto metropolitan region last month.
GFIA backs Indian insurance reform
11:00am 8 August 2013
The Global Federation of Insurance Associations has given its support to a measure that would allow for greater foreign investment in Indian insurance joint ventures.
Canada's soaring life expectancy 'presents DB pension challenge'
01:00pm 7 August 2013
Women in Canada can expect to live to almost 90 years old and men nearly as long, posing challenges for pension fund sponsors.
UK pension deficit gap increases to £43bn, finds LCP
11:00am 6 August 2013
Deficits on the pension schemes of the UK's largest companies rose by £1bn last year despite good investment returns.