Swiss actuaries back initiative to increase retirement age & more…

Swiss actuaries back initiative to increase retirement age & more…Keep up with what has been happening this week in our latest IP news round-up…

First Actuarial founding partner Hilary Salt retires

Hilary Salt, a founding partner of First Actuarial, former Actuary of the Year, and well-known personality in the UK pensions industry, has announced her retirement.

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First-of-its-kind coral reef policy for Fijian islands & more…

First-of-its-kind coral reef policy for Fijian islands & more…Keep up with what has been happening this week in our latest IP news round-up…

Standard Life completes buy in with Vector Pension Scheme

Standard Life, part of Phoenix Group, has concluded a £114 million Bulk Purchase Annuity (“BPA”) transaction covering c.

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Natural catastrophes caused massive losses in 2023 & more…

Natural catastrophes caused massive losses in 2023 & more…Keep up with what has been happening this week in our latest IP news round-up…

Natural catastrophes caused massive losses in 2023

Global economic losses from natural catastrophes reached $380bn in 2023, with insured losses topping $118bn, according to the latest research from Aon.

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Mega-trends to force global business reinvention & more…

Mega-trends to force global business reinvention & more…Keep up with what has been happening this week in our latest IP news round-up…

Standard Life complete full scheme buy in with Unisys

Standard Life, part of Phoenix Group, has concluded a £300 million Bulk Purchase Annuity (“BPA”) transaction with the iPSL Section of the Unisys Payment Services Limited Pension Scheme (“iPSL”) and the Unisys Public Sector Pension Scheme (“UPSPS”) (together the “Schemes”).

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Consulting actuaries probe AI challenges & more…

Consulting actuaries probe AI challenges & more…Keep up with what has been happening this week in our latest IP news round-up…

Mergers and Acquisition activity falls in 2023

The UK financial services industry reported 273 deals in 2023, representing a 9% fall from the 301 deals recorded in 2022, according to EY’s latest financial services M&A analysis.

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Aon advise NN Life & more…

Aon advise NN Life & more…Keep up with what has been happening this week in our latest IP news round-up…

Spence appoints Alistair Russell Smith

Spence & Partners has appointed Alistair Russell-Smith to lead the firm’s Corporate practice and the Public Sector, Charities and Not-for-Profit practice.

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Europe strikes deal to introduce artificial intelligence law & more…

Europe strikes deal to introduce artificial intelligence law & more…Keep up with what has been happening this week in our latest IP news round-up…

GAD shares expertise at ISSA global social security conference

GAD Senior Consulting Actuary, Chris Morley, addressed the conference on the importance of illustrating risk to assess the sustainability of social programmes.

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Marsh Mclennan Develops New Generative AI Tool & more…

Marsh Mclennan Develops New Generative AI Tool & more…Keep up with what has been happening this week in our latest IP news round-up…

FRC updates actuarial guidance in light of increased buyout activity, superfunds

The Financial Reporting Council (FRC) has updated its Technical Actuarial Standard 300: Pensions (TAS 300) to reflect developments in the pension industry, including increased buyout activity and pension superfunds.

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AI implementation will fail without digital system updates & more…

AI implementation will fail without digital system updates & more…Keep up with what has been happening this week in our latest IP news round-up…

Innovation and growth championed at the PMI Pinnacle Awards 2023

Our creative communications team DrumRoll celebrated their ‘Innovation in New Product or Service’ award following the 2023 PMI Pinnacle Awards, on a night that also saw one of our emerging talents spotlighted.

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Reeves proposes pensions overhaul to spur growth & more…

Reeves proposes pensions overhaul to spur growth & more…Keep up with what has been happening this week in our latest IP news round-up…

Reeves proposes pensions overhaul to spur growth

The shadow chancellor plans to revamp the UK’s pensions industry by redirecting retirement savings towards supporting UK businesses and encouraging greater scheme consolidation.

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Gender-balanced companies outperform rivals & more…

Gender-balanced companies outperform rivals & more…Keep up with what has been happening this week in our latest IP news round-up…

Key audit and pension reform bills absent from King’s Speech

Actuaries and pension professionals have expressed dismay over the absence of legislation for key reforms in the King’s Speech.

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Companies falling short on climate action & more…

Companies falling short on climate action & more…Keep up with what has been happening this week in our latest IP news round-up…

Just Group announces £32m buy-in with Air France (UK) Pension Scheme

Just Group has completed a buy-in transaction for the Trustees of the Air France (UK) Pension Scheme (“the Scheme”), covering approximately £32m of pensioner liabilities and almost 200 members of the Scheme.

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GAD’s research on AI and machine learning in actuarial work & more…

GAD’s research on AI and machine learning in actuarial work & more…Keep up with what has been happening this week in our latest IP news round-up…

Nadeem Ladha joins Risk Transfer team at Hymans Robertson

Nadeem Ladha has joined the Risk Transfer team at Hymans Robertson, the leading pensions and financial services consultancy, as a Senior Advisor on a short-term contract focusing on risk transfer projects involving special situations.

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More global mentoring from the IFoA to meet demand & more…

More global mentoring from the IFoA to meet demand & more…Keep up with what has been happening this week in our latest IP news round-up…

Allianz announces first net zero transition plan

Scaling renewable energy and low-carbon technology: Allianz to profitably grow revenues from transition solutions in commercial insurance portfolio by 150% and provide additional investments of 20 billion euros by 2030.

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