Keep up with the latest actuarial news in our weekly round-up…

 

IFS manifesto verdict: neither Tories nor Labour have credible spending plan

The Institute for Fiscal Studies has attacked the spending plans of the UK’s two main parties, saying neither election manifesto “is a properly credible prospectus”

Actuaries criticise lack of pension policies in political party manifestos

The Association of Consulting Actuaries (ACA) has criticised a lack of pension policies put forwarded by UK political parties in their recently published manifestos.

Barclays and Santander to cut chief executive pension perks

Barclays, Santander and Lloyds Banking Group have all slashed pension allowance for their bosses after an outcry from MPs and investors

Security professionals view cyber insurance as a ‘necessary evil’

Around a third of cyber security professionals believe that cyber insurance is a good thing, however a recent social media poll also confirmed that many cyber security staff view this type of insurance as a ‘necessary evil’.

Gallagher to buy reinsurance broker Capsicum Re

Arthur J. Gallagher & Co has agreed and signed head of terms for a deal that will see the global brokerage take 100% ownership of Capsicum Reinsurance Brokers LLP, a full-service international reinsurance broker.

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