Nearly half of pension fund trustees target buy out in long term goals & more…Keep up with what has been happening this week in our latest actuary news round-up…

M&A market data shows first positive performance recorded in 3 years

Willis Towers Watson’s new M&A data has revealed that the M&A market has recorded its first positive performance in three years on completed deals despite any impacts the Covid-19 pandemic may have had on the industry in 2020.

Nearly half of pension fund trustees target buy out in long term goals

Hymans Robertson’s survey of 100 defined benefit pension scheme trustees has found the 49% of pension fund trustees are now aiming for a buy-out in the next couple of years, compared to only 15% of trustees aiming for a buy-out in the survey four years ago.

IFoA’s Resource and Environment Board rebrands

The Resource and Environment Board has rebranded as the Sustainability Board to better suit their objectives and growing focus on issues such as the UN Sustainable Development Goals.

Insurance industry may not be able to protect against cyber attacks

CyberCube conducted a range of interviews where senior insurance professionals have said that the dependence on online technology across the world has grown to the point that it might surpass the insurance industry’s ability to fully protect against cyber attacks.

Nearly a third of life insurance cases face delays in the past 12 months

New research amongst probate lawyers from Direct Line Life Insurance have found that 31 per cent of cases in the last 12 months face delays when closing an estate; this is due to many reasons however the top reason being that one or more of the listed beneficiaries could not be found.