Page 4 - Actuaries News Today

The lifetime tax—free limit on the value of pension schemes, above which you get hit with an extra tax charge. an increasing number of employees paid much more than claire — such as doctors — will soon have pension pots that breach the £1 million limit after it was cut in recent years by successive chancellors. the government is thinking of raising that limit back to £1.8 million, to prevent doctors and others from retiring early to avoid the tax charge. but actuaries say that fewer than...

Customers. eversince this pub as problem isnt a lack of customers. ever since the bounce back from the pandemic, the problem has been finding the stuff. half a million workers have exited the place, some retiring earlier than before. businesses like this are trying to lure old workers back in. the experience, the life skills, the way they carry themselves and can talk to people naturally, its great having the energy of young people joining the business but you cant train experience.— joining t...

Entitlements off the table in the long term. who is right here? well, kate, i dont think theres a question who is right and it will not work unless you address entitlement reforms and the former vice president will be honest with the american people as he always has been. i think you look right now in washington, d.c., i think unfortunately either party is truly being honest with the american people. we are facing the situation in which the actuaries with the medicare and social security not som...

Bankers have shown resilience in the wake of these challenges buoyed by adequate capitalisation and liquidity levels.

In January, Justin Bonestroo, CBIZ Senior Vice President, took over as ASPPA president for calendar year 2023, replacing Immediate Past President Natalie Wyatt.

It is a growing club that no one wants to join: the club of companies who became victims of cyberterrorism.

Large part is the class action suit filed against the nfl ten years ago. i dont know if youre familiar with that. but basically 4500 players sued the nfl alleging they had hidden the dangers of the game. the nfl wound upsetling that lawsuit. in the process of doing that, their own actuaries admitted in court that 34% of their own players would end up with chronic enreceivopathy, brain damage. a third of the employees if theyre doing their job the right way are going to wind up with brain damage....

Insurance companies are engaged in a battle for actuaries, with demand for professionals rising ahead of a global accounting change expected from January 1.

After a career in employee benefits spanning more than three decades, Nevin Adams, Chief Content Officer of the American Retirement Association, has announced his “retirement” from that position, effective March 1, 2023. 

Let’s face it — nobody wants to be “average.” And yet, there are now a handful of consultants that, each year, publish a ranking of how the world’s retirement systems rate—  and year after year the United States generally comes in about the middle of the pack.