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…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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IFOA’s first accreditation in West Africa & more…Keep up with what has been happening this week in our latest IP news round-up…
Isio announces the appointment of three new partners.
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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…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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GAD launches modeller to assist with GMP equalisation & more…Keep up with what has been happening this week in our latest IP news round-up…
Broadstone advise on Just Group buyin for CP Pharmaceuticals
Just Group completes £28m deal securing the benefits of all 317 previously uninsured scheme members.
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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…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…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…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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Watchdog warns Australian companies to put cyber resilience first & more…Keep up with what has been happening this week in our latest IP news round-up…
L&G full buy in for Askews Retirement Scheme
Legal & General completes £11m deal securing the benefits of all 86 scheme members.
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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…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…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…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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Barnett Waddingham is creating a talent pipeline with Girls Are Investors (GAIN) & more…Keep up with what has been happening this week in our latest IP news round-up…
Mergers and acquisitions see 16% upswing in Q3
According to WTW’s Quarterly Deal Performance Monitor, global volume rose by 16%, with 151 deals of more than $100m in value completed from July to September – the busiest quarter of the year so far.
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Hymans Robertson launches financial wellbeing service for employers & more…Keep up with what has been happening this week in our latest IP news round-up…
Hymans Robertson launches financial wellbeing service for employers
Hymans Robertson LLP is launching a new financial wellbeing service for employers – Hymans Robertson Personal Wealth (HRPW).
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New IFoA scholarship Actuaries of Tomorrow & more…Keep up with what has been happening this week in our latest IP news round-up…
First Actuarial appoint new Public Sector Pensions Head
Sue Vivian has joined First Actuarial from the Government Actuary’s Department (GAD), where she was Head of Public Sector Pensions.
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Finance professions urge UK leadership on SDGs & more…Keep up with what has been happening this week in our latest IP news round-up…
IFoA urges policymakers to focus on long term approach
As the UK party conference season kicks off, the Institute and Faculty of Actuaries has released a new policy prospectus which makes the case for an increased focus on long-term policymaking in the UK.
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A quarter of fiduciary managers lack net-zero goal & more…Keep up with what has been happening this week in our latest IP news round-up…
A quarter of fiduciary managers lack net-zero goal
A quarter of fiduciary managers in the pension industry do not have net-zero targets – against the climate change objectives of their portfolio strategies.
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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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GAD updates actuarial factors & more…Keep up with what has been happening this week in our latest IP news round-up…
Quantum Advisory completes buy in with Legal and General
Quantum Advisory is pleased to announce the completion of a £6.5m buy-in transaction with Legal & General for a Defined Benefit Scheme with 17 members.
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IFoA launches Consultation on Practising Certificate requirements for Reviewing Actuaries & more…Keep up with what has been happening this week in our latest IP news round-up…
K3 appoints actuary Andrea Mendham as Partner
K3 Advisory have announced the appointment of Andrea Mendham as Partner.
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Government regime will deal with failing insurers & more…Keep up with what has been happening this week in our latest IP news round-up…
INSHUR appoint James Rawstron as Director of Underwriting
On-demand insurance platform INSHUR has appointed James Rawstron as its new Director of Underwriting, as it looks to further solidify its rapid growth as an embedded insurance specialist to the on-demand economy.
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WTW launches Climate Vista & more…Keep up with what has been happening this week in our latest IP news round-up…
Standard Life appoint Callum Stewart
Standard Life, part of Phoenix Group, has appointed Callum Stewart as Head of Investment Proposition Distribution.
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