Keep up with what’s been happening this week in our latest actuary news round-up…

NGOs urge insurers to take a ‘green’ approach in COVID-19 recovery

25 NGOs from all over the world wrote a letter to insurance associations to use their expertise help create a green economic response to the pandemic and to support recovery programmes that will help limit global warming to 1.5°C.

Pension freedoms withdrawals at a record high in 2019/20

In the latest figures that HMRC has release which show the number and value of flexible payments from pensions; the statistics show that the amount of people that withdrew in 2019/2020 was at a record high at £9.81bn for the value of payments.

XPS Pensions Group act against scams during the pandemic

As risk of scams has increased since the COVID-19 outbreak; XPS Pensions Group are acting against them by strengthening their services to protect pension scheme members, who are more vulnerable to scams.

Barnett Waddingham hires new investment expert

Leading professional services consultancy firm, Barnett Waddingham have expanded their team to add a new investment expert, Jude Bennett. He will help provide expertise across a number of investment disciplines.

Britain and EU may not come to a Brexit deal as deadline approaches after pandemic

Banks are looking at no deal plans as concerns arise that Britain and the European Union won’t agree to a trade deal by the December deadline; as major disagreements over future relations have occurred due to the COVID-19 pandemic.

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