Keep up with what’s been happening this week in our actuarial and finance news round-up…

 

Sir Philip Green agrees to put £25m into Arcadia pension fund

Sir Philip Green has agreed to pump an additional £25m into Arcadia Group’s pension fund, in a deal with regulators that could pave the way for a rescue restructure of his fashion retail empire.

Conservative leadership battle to delay pension and social care policies

Much anticipated pension and social care policies are likely to be delayed further thanks to the UK Conservative Party’s leadership contest, Aegon has warned.

Insurance Giant Aviva to cut 1,800 jobs

Around 1.800 jobs are being axed at Aviva over the next three years as part of an overhaul to save £300 million a year.

Women take state pension battle to High Court

A group claiming to represent almost 4m British women born in the 1950s has begun a court battle to try and prove that the government discriminated against them by raising their state pension age by as much as six years.

Wesbroom: Actuaries must now stand up to public scrutiny

Kevin Wesbroom has his work cut out bringing his CV up to date…do you agree that actuaries changed the definition of risk?

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