News
Maybe Equity Release IS Your Best Bet on Pensions?
In an era of high inflation does it make sense to save cash? It’s a tough question and the correct answer in financial terms is no, it does not. The value of any money set […]
Pensions
Opinion
Existing Pension Schemes Belong in the 20th Century: New Thinking is Required
Is there a general lethargy regarding workplace and State pensions in the UK? Yes, change is long overdue and here’s why, says the ageing IE Editor; Most people know that the UK State pension is […]
Global insurance trends
Prudential Closes Risk Transfer Deal with Shell USA
Significant deal in the US for Prudential; Prudential Financial, Inc. (PFI) (NYSE: PRU) closed a pension risk transfer transaction with Shell USA, Inc. for $4.9 billion in pension obligations covering a block of about 21,500 […]
Legal
Former Pension Scheme Trustee Receives Suspended Sentence
The latest case report from the Pensions Regulator; Stephen Smith, 64, of Broughton-in-Furness, Cumbria, a former trustee of the Worthington Employee Pension Top-Up Scheme (WEPTUS) and director of the employer, received a suspended sentence of […]
UK Insurance Trends
New Pensions Report From IFoA Published
Some feedback from IFoA after the latest UK Govt review on Pensions; The Institute and Faculty of Actuaries (IFoA) is encouraged by the first report from the Pensions Review led by the Institute for Fiscal […]
Insurance Brokers
FCA Bans Two Former Pensions Advisors
Latest from the FCA as the British Steel pensions saga continues; The Financial Conduct Authority (FCA) has banned Nigel Lewis and Susan Jones of West Wales Financial Services Limited (in liquidation) (WWFS) from advising customers […]
News
Deals: Royal London Buys Responsible Group
This is a rare thing, an acquisition announcement from Royal London, one of the last mutual insurers in the UK. It’s interesting that later life finances and pension/insurance scheme choices are top of the agenda […]
News
IFoA Calls For New Thinking on Pensions
The latest from IFoA, who want some regulatory changes on private pensions. Ahead of the Autumn Statement on November 22 2023, the Institute and Faculty of Actuaries (IFoA) is calling on the UK Chancellor of […]