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

Men less likely to miss out on free pension guidance

In a new study by Just Group, women are more likely to miss out on free pension guidance as the study showed that women were nearly half as likely as men to know about their entitlement to the impartial pension guidance.

Dormant pension pots worth more than £290bn

Findings from pension administrator Equinti (EQ) show that preserved defined contribution (DC) pension wealth has doubled to £291bn between 2016-2018 from £139bn between 2012-2014 after auto-enrolment was introduced.

Climate-related financial reports should be disclosed under new rules

Chancellor, Rishi Sunak, has unveiled that UK pension schemes, insurance companies, asset managers and banks will be forced to disclose their financial exposure to climate change by 2025.

HMRC suffer a 75% surge in email attacks during pandemic

A report has been released which shows that HMRC have suffered a 75% increase in email attacks in the past year during the pandemic.

Government monthly borrowing at sixth-highest level since 1993

Data published by the Office for National Statistics (ONS) has shown that the total debt stands at 100.8% the size of the entire UK economy with it reaching £2.1tn in October, as borrowing hit its sixth highest monthly total since records began in 1993.

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