This month saw the annual update of the Actuarial Profession's Continuous Mortality Investigation (CMI). While it is too early to say what impact the latest mortality experience will have on long-term longevity trends, the figures are striking.
In 2012, improvements in male mortality rates slowed to 0.3% while for women death rates actually increased by 2.1%. This compares to a crude annual rate of mortality improvement of 3.8% for men and 3.6%...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.