The retirement crisis is not emerging it is already here


On 19 May 2026, the Pensions Commission published its interim report on the state of retirement saving in the UK. The report highlights that many people are not saving enough for retirement, particularly low and middle earners, the self-employed, and women. It sets out the key challenges facing the current system, and where the Commission will focus its work next. A final report, including recommendations on how to improve retirement outcomes, is expected in early 2027.

The Virgin Media fix: a legal and actuarial double act

This article offers some thoughts on how lawyers and actuaries can work together to address Virgin Media issues in a proportionate, cost-effective and risk-managed way. The Technical Actuarial Guidance (TAG) published in January sets out the background. The history and implications do not need to be rehearsed again here. Many schemes are already preparing to obtain confirmations under (at the time of writing) clause 104 of the Pension Schemes Bill, usually to clear the way for imminent buy-in or buyout, if the initial fact-find did not produce a clean set of confirmations.

AI at the Core

How are insurers using AI to drive value? In WTW’s P&C Excellence Series, Laura Carballo and Lukáš Vermach explore how AI is transforming pricing, underwriting and portfolio management. We are on the verge of step change. While artificial intelligence isn’t new to insurers – they have been using AI to drive efficiency for years – the transformative potential of the latest tools is only just becoming clear. The power of AI to unlock new value is huge. Innovation and experimentation have become a strategic imperative for insurers that want to remain competitive.

AI resets business-government relationship

 

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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LOSS TRENDS IN A VOLATILE RISK ENVIRONMENT
 
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