Actuarial Post: Betting your pension

January 15, 2019 Tom Murray
Betting your pension This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  December 2018 edition of the Actuarial Post.   The move by the government to reduce the shocking social side effects of fixed-odds betting terminals, mainly based in bookmakers’ shops, was welcomed by many in the UK as a good start in dealing with the issues that can arise from addiction to these machines.  Under the new law due to come into effect in 2019, the maximum stake will be reduced to £2, thereby requiring 50 losing spins to lose what could have been lost before on a single spin.
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EU puts a PEPP in the step of digital delivery of pensions

January 08, 2019 Tom Murray
EU puts a PEPP in the step of digital delivery of pensions   The clock is ticking down towards the European Parliament elections in May.  This means that the deadline for the adoption of the Pan-European Pension Product framework is looming, as it is intended that this should be completed before the end of the current parliament.   Indeed, this is probably a necessity, as a new Parliament will inevitably mean a delay whilst new committees are setup and new priorities for the parliament are decided.  Thus, if it doesn’t get adopted prior to the breakup of this parliament, then it is likely to be at best significantly delayed, at worst deprioritised and pushed to the back of the list.
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Actuarial Post: “And, finally… robot-pets”

December 06, 2018 Tom Murray

retirement planning Artificial intelligence AI robots robo-pets

ACTUARIAL POST: “And, finally… robot-pets” This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  November 2018 edition of the Actuarial Post.   The use of robots in Japanese care homes has featured a lot lately in the last segment of the news – the light-hearted piece that is scheduled in order to finish the news broadcast on a pleasanter note, following the bad news items that have gone before. These segments generally focus on the ability of automated robots to interact with elderly people and perform simple tasks such as fetching a glass of water or switching off a light. The topic is dealt with as an amusing item to amaze and entertain people. But beneath the trivial entertainment value of these segments, lies a serious question; is this is a feasible solution for the UK, given the huge looming issue of care provision for the country?
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IFoA Life Conference 2018 Prize Draw Winner

December 04, 2018 Sharon Cronin

IFoA Actuaries Life Conference Competition Winners

IFoA Life Conference 2018 Prize Draw Winner   Thank you for all those who entered our "fishbowl" competition at the IFoA Life Conference at the ACC in Liverpool last month. We are now delighted to announce the winner of the prize draw!
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Majesco Acquires Exaxe, EMEA Cloud Software Leader for Life, Pensions and Wealth Management

November 27, 2018 Sharon Cronin

Majesco acquisition cloud based software Pensions life insurance

Majesco Acquires Exaxe, EMEA Cloud Software Leader for Life, Pensions and Wealth Management News Release Morristown, NJ – November 27, 2018 – Majesco (NYSE AMERICAN: MJCO), a global leader of cloud insurance technology, announced today the acquisition of Exaxe, an EMEA based cloud software leader in  the life, pensions and wealth management segment.  Headquartered in Dublin, Ireland Exaxe serves a growing list of top European insurers. This acquisition will strengthen and expand Majesco’s software offerings in EMEA for the individual life, pensions and wealth management market while complementing Majesco’s software and Group focused customer base in the UK.
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Exaxe wins Pensions Technology Provider of the Year Award for third time

November 23, 2018 Sharon Cronin

irish pensions awards pensions technology provider of the year Pensions technology pension award Awards

Exaxe wins Pensions Technology Provider of the Year Award for third time NEWS RELEASE Dublin, 23rd November 2018 - Exaxe, the leading SaaS provider to the life and pensions industry, has won the Pensions Technology Provider of the Year award at the Irish Pensions Awards for the third time in the last four years. Exaxe won the Irish Pensions Award due to its ability to continuously innovate its offerings and grow its Irish and International client base.
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IFoA Life Conference 2018

November 20, 2018 Sharon Cronin

Life and Pensions conference Competition Sponsorship Exhibition stand

IFoA Life Conference 2018 21st-23rd November 2018, ACC Liverpool Exaxe is pleased to be supporting this year's IFoA Life Conference 2018 on 21st - 23rd November in the ACC, Liverpool.
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Investment Life & Pensions Moneyfacts: Learning from how others see us

November 08, 2018 Tom Murray

Pensions auto enrolment autoenrollment auto-enrolled Autoenrolment

Learning from how others see us  This article was originally commissioned for the October 2018 edition of the Investment Life & Pensions Moneyfacts Magazine.  Tom Murray considers why the Government should examine the external view of auto-enrolment before considering the best way to raise contribution levels.   It is now six years since the introduction of auto-enrolment into the UK and there have been a number of reports assessing the impact of the project on the level of pension savings in the UK.  On the whole, these have been primarily positive, with a large increase in the number of people saving and a lower level of opting out than was previously expected.  
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Exaxe women blazing a trail: Women in IT Awards 2018

November 02, 2018 Sharon Cronin

Awards Exaxe News Press releases Women in IT Awards Women in IT

Exaxe women blazing a trail: Women in IT Awards 2018 NEWS RELEASE Dublin, 2nd November 2018 – Exaxe is delighted to announce that three of its team have been nominated in three separate categories. In addition, Exaxe has been shortlisted for the Employer of the Year at the Women in IT Awards 2018. The inaugural Women in IT Awards Ireland will be held at the Mansion House in Dublin on 21 November 2018. Meet the women who, due to contributing to Exaxe’s success, have been shortlisted:
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Exaxe shortlisted for Irish Pensions Awards 2018

October 26, 2018 Sharon Cronin

Awards Exaxe News Press releases pension Pensions

NEWS RELEASE Dublin, 26th October 2018 – Exaxe is delighted to announce that it has been shortlisted for the Pensions Technology Provider of the Year award at the 2018 Irish Pensions Awards which is due to take place in Dublin on November 22nd.
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