General Insurance :
Climate change and the impact on the insurance sector:
BHS and the Pension Regulator’s launching of action against owners of the business in order to protect the members of its pension scheme. http://www.thepensionsregulator.gov.uk/press/pn16-51.aspx?ed2f26df2d9c416fbddddd2330a778c6=pnqqgiki-pnixongq
Think about the expectations of the scheme members, and the responsibilities of business owners (and former owners in this case). How should these be balanced?
Some other current issues that you should know about if applying for Pensions roles:
– what DB and DC pensions are, and which parties take the various risks
– why DB pensions have become more expensive over time
– Auto-enrolment and the impacts this has had