The Institute and Faculty of Actuaries president has urged members to change the pace of industry development and define an actuary's role in business.
Ronnie Bowie said the merger between the Institute of Actuaries and the Faculty of Actuaries - voted for by members in May (PP Online 26 May) - should be used as a defining moment in the profession to...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter