Pension savers need more support at retirement


Whether it is a defined contribution occupational pension scheme, subject to trustee fiduciary duty, or a workplace personal pension, subject to consumer duty, the challenges facing members, and the support they need to make good decisions are the same. The Pension Commission has highlighted many of the issues facing members both in building an adequate pension pot and in converting that pot into a retirement income.

How to manage cyber risk as a strategic imperative

If a ransomware event shuts down a critical system, your board will focus on operations, revenue and recovery long before it discusses the technical vulnerability that led to the incident. Which operations and supplier relationships can continue? Which customers will feel the impact and what will this do to revenues? What will it take to recover, should you pay the ransom and how much will the business interruption cost otherwise?

Soft markets, AI and next steps for London Market pricing

The twin impacts of softening markets and AI mean that London Market pricing teams will need to evolve their approach rapidly over the coming years. In this article I look at the current state of the market, highlight examples of good practice and consider key areas where firms need to evolve. Most firms in the London Market have well-established technical pricing processes. However, the role of technical pricing has been somewhat limited in hard markets, where the priority is to maximise underwriting team bandwidth to capture the abundant opportunities to write profitable business.

Building Sovereign Disaster Resilience

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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