The number of deaths registered in the UK in the week ending Friday 10 April (week 15) was 77% higher than expected if using the same standardised mortality rates as 2019, says the Continuous Mortality Investigation (CMI).
The government is set to start consulting on how the Retail Prices Index (RPI) is calculated in its Budget on 11 March. Keith Webster warns the industry may currently be sleepwalking into this change.
The Institute and Faculty of Actuaries (IFoA) has launched an investigation into the increasing transfer of risks to consumers, with a particular focus on defined contribution (DC) pensions.
It is the role of employers, the pensions industry, and the government to close the gap between minimum and moderate levels of income in retirement, according to the Institute and Faculty of Actuaries (IFoA).
The Institute and Faculty of Actuaries (IFoA) has launched a monitoring scheme in a bid to improve the effectiveness of actuarial regulation and promote ongoing improvement across the profession.
John McAleer sets out four areas where a change in approach to managing mature pension funds could lead to better outcomes for members, trustees and sponsors.
A set of recommendations to help the pensions industry deliver its objectives and better communicate with people over pensions issues has been published by the Institute and Faculty of Actuaries (IFoA).
Actuaries and investment consultants that fail to take account of climate risk in their work and advice face increasing risks of legal liability and regulatory action, according to ClientEarth.
This week's top stories included coverage of a regulated apportionment arrangement agreed for Hoover's pension scheme.