Keep up with what has been happening this week in our latest actuary news round-up…
A survey by financial management company, BlackRock, has shown that out of 1,000 defined contribution members over 50% believed they were not able to save enough to live comfortably in retirement compared to 44% in 2018.
Mercer has launched their analytics and advice solution called Analytics for Climate Transition (ACT) for investors looking to move into the 1.5 global warming scenario mention in the Paris Agreement.
Willis Towers Watson has announced that they have acquired Acclimatise, the market leader in climate change adaptation advisory and analytics services in order to help client to address climate issues across different types of risks.
Just Group has completed a buy-in transaction covering around £100m of pensions liabilities with the trustees of the Baker Hughes (UK) Pension Plan.
German Chancellor Angela Merkel discussed European Union finances with prime ministers of Poland and Hungary on their budget and planned recovery fund. Merkel wanted to come to an agreement that would get the backing of the European Parliament.