Keep up to date with the latest actuarial and finance news with our weekly round-up…

 

One in three UK firms plan for Brexit relocation, IoD says

The Institute of Directors warned that 29% of firms in a survey of 1,200 members believed Brexit posed a significant risk to their operations in the UK.

Oddbins off-licence chain calls in administrators

Administrator Duff & Phelps (D&P) has been appointed to run the business while they attempt to find a buyer.

Pension funds suffer biggest losses since financial crisis

New data from the latest Moneyfacts UK report has revealed how a market deterioration in pension fund performance has led the average pension fund post its biggest losses since the 2008 financial crisis.

Italy falls into recession as quarterly GDP drops

Italy has become the first major European economy to face a technical recession in five years while Germany is expected to narrowly avoid recession.

Investors urge fast food giants to root out climate risks

More than 80 investors have told six of the world’s largest fast food companies to urgently tackle climate and water risks in their supply chains.

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