Keep up with what’s been happening this week in our latest actuary news round-up…
Amidst the economic crisis happening right now; consultancy firm, Mercer has launched a free-to-use to help employers and their employees through these difficult times. The hub aims to provide practical information for employers to help their employees maintain their financial well-being.
New analysis from Hymans Robertson suggests that there is a demand for buy-in buy-out pension schemes; which is set to average £37bn a year, with around 50% of pension schemes reaching buy-out in the next 20 years.
Highest amount of deaths in England & Wales in the past 20 years
The Office for National Statistics (ONS) have released figures which show that this past month has had the highest weekly total deaths recorded since the first week of the year 2000.
Bank of England have said that the UK economy is experiencing the worst and deepest contraction in the past several centuries during the coronavirus lockdown.
FTSE 100 fell by 0.5% yesterday as Unilever have reported their quarterly sales; which have been affected negatively due to the coronavirus lockdown measures.