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

 

Millennials being squeezed out of middle class, says OECD

Millennials in advanced economies around the world are being squeezed out of the ranks of the middle class, including in Britain, as pay growth stalls and house prices skyrocket, according to the OECD.

IMF boss says Brexit delay will ‘hinder’ UK growth

The further extension to Article 50 will hinder growth in the UK economy, the head of the International Monetary Fund (IMF) has told the BBC.

Rail firms face £7.5bn pensions gap, says regulator

Train companies face a pensions black hole of up to £7.5bn, the Pensions Regulator has warned.

Less than half of UK workers aware of imminent pension hike details

Research shows that just 44% of adults aged 22 or over are aware that minimum contributions into workplace pensions will increase from 5% to 8% on 6th April.

Rising terror threat, populism, political tension a challenge for businesses: Aon

Growing populism, protectionist measures and rising political and trade tensions are creating both challenges and opportunities for the risk transfer industry, according to Aon’s 2019 Global Risk Maps.

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