The utility of my DC, of my DC

In a recent YouGov Poll, [1] [2], around 16,000 US and 5,000 UK adults were asked whether they would rather receive a guaranteed 50,000 or take a 50% chance of winning one million (dollars in the US and pounds in the UK). The results are striking with 65% of Americans and 73% of Britons opted for the guaranteed payout. In both countries, men on average were more likely than women to take the gamble. One possible reaction is to dismiss the results as evidence that people are perhaps poor at calculating expected values.

Unlocking Pension Investment in Private Markets

Ruston Smith, Chair of the Pensions Management Institute, argues that unlocking greater pension investment in private markets will now depend less on targets and mandates and more on governance, operational capability and a stronger and sustainable pipeline of new rather than re-cycled investable opportunities - highlighting the potential role of InvestConnect in connecting pension capital with UK growth, by creating a UK shop window of opportunities.

Connected and Contributory Data Key to Fighting Fraud

The latest U.K. Finance Fraud Report highlights the growing scale of fraud across the U.K. Criminals stole £1.28 billion in 2025, with authorised fraud losses rising 19% year-on-year as organised fraudsters increasingly use digital platforms to target victims at scale[i]. Two-thirds of authorised fraud cases now originate through social media, online platforms and telecommunications channels. Recognising the growing threat posed by organised fraud, the U.K. government's Fraud Strategy 2026-2029 highlights the need for stronger collaboration, improved data sharing and coordinated action.

Start preparing for pensions reform now

 

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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