The mortality rate in England and Wales continued to improve last year, prompting actuaries to warn of a knock-on effect on pensions.
The Institute and Faculty of Actuaries has identified lack of clarity about how to plan for future long term care needs and a lack of reliable sector data as barriers to market development.
Mistakes are commonly made when using life expectancy figures, as real lifespans are likely to be higher than quoted examples of life expectancy, the Institute and Faculty of Actuaries has pointed out.
A glut of private sector competitors to the National Employment Savings Trust (NEST) could have a negative long-term impact on savers, an actuary warns.
Unmodelled aspects of longevity could invalidate insurer's predictions for policy pricing, reinsurer RGA has said.
AWD Chase de Vere has denied any wrongdoing in its dealings with Yateley Industries, a packing and assembly firm providing employment opportunities for the disabled.
Life offices could split to create separate providers for men and women following the ECJ ruling banning the use of gender-pricing, an actuary says.
Chelsea is to win the Premiership, the Actuarial Profession's Life conference has been told
The Actuarial Profession has launched a code of conduct covering all its members.
In a bid at clarity, Anthony Burpitt gives the gist on being a pricing actuary in (precisely) 824 words…