OAC joins Managing General Agents’ Association & more…Keep up with what has been happening this week in our latest IP news round-up…
The leader of EY’s UK actuarial practice has left the Big Four firm to join pension provider Just.
Senior industry leaders have come together to form a new Investment Delivery Forum which will act as a catalyst and facilitator for driving investment into UK infrastructure projects.
Martin Clarke, the Government Actuary, has been awarded a major honour in recognition of his public service, in the King’s Birthday Honours.
Actuarial consultancy OAC has joined the Managing General Agents’ Association, as it looks to support insurers and managing general agents who require outsourced talent to help scale their operations. The move comes after OAC was purchased by Broadstone earlier in 2023.
The Society of Actuaries (SOA) surveyed Americans who are actively saving for both their retirement and their family member’s or friend’s college education to better understand the challenges that families face. More than half of all respondents (58%), aged 25 – 80 who are of working age or retired, say they have delayed retirement significantly or moderately due to these dual financial goals. Additionally, two-fifths (41%) of retirement/college savers have used retirement funds to pay for the college education of a relative, with the risk of a tax penalty for early withdrawals.