More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte says.
The business advisory firm said that of those making preparations, 60% have increased the sophistication of their approach to calculating the capital they must hold, and 40% have simplified their approach....
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.