Actuarial Post: All the king’s horses…

September 11, 2018 Tom Murray

Pensions freedom retirement planning FCA Pension Wise retirement income

ACTUARIAL POST: All the king’s horses…  This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  August 2018 edition of the Actuarial Post.   Once upon a time, people saving for their retirement were given a great deal of support by the taxpayer. This was provided on the basis that there were severe restrictions around the money saved and that the savers would ultimately be forced to use that money to buy annuities. These would provide a guaranteed income in retirement, ensuring that the taxpayer would have far less responsibility for the retiree, and therefore was getting a good deal for the tax foregone.
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Exaxe selected by Foresters Friendly Society to re-platform its legacy systems

July 26, 2018 Sharon Cronin

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Exaxe selected by Foresters Friendly Society to re-platform its legacy systems NEWS RELEASE Dublin, Ireland – 26th July 2018. Exaxe, the award-winning SaaS solutions provider for the life and pensions sector, is delighted to announce that it has been selected by Foresters Friendly Society to deliver full end-to-end policy lifecycle support to its digital strategy. Exaxe will implement its SaaS solutions; Admin Plus, Channel Plus, and Illustrate Plus, to meet Foresters Friendly Society’s strategic requirements.
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Smart devices are key to reaching smart millennials

July 12, 2018 Tom Murray

smartphones smart technology robo-advice Millennials smart pensions

ACTUARIAL POST: Smart devices are key to reaching smart millennials This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  July 2018 edition of the Actuarial Post.   For years, there was a huge problem in the pension industry.  People didn’t get interested in the idea of pensions until they were older and thereby missed out on the savings and employer/government contributions in the early years of their working life.    Finally, the UK seems to have cracked it.  The latest figures from the Department of Work and Pensions give the amazing news that not only did over 80% of all eligible employees contribute to a workplace pension last year but that the number of millennials contributing was 78%.  Given the pressures facing millennials in the primary areas of housing and their usually lower earnings as they are at the early stage of their careers, this is a tremendous result. 
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Actuarial Post: Even Robots must be regulated

June 28, 2018 Tom Murray

FCA regulations robo-advice robots

Actuarial post: Even Robots must be regulated This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  June 2018 edition of the Actuarial Post.   The FCA have started their review process of firms providing retail investment advice through automated channels. They are trying to see how they can best regulate the new area of auto-advisers. Whilst it is still early days in this market, it is only at the evolutionary stage and there were only three firms examined, the potential for significant harm if they get it wrong is very great. The challenges for the FCA are great in trying to control an aspect of the industry that is only beginning to take on shape.
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Horizons Lifetime Savings & Investments Conference 2018 Competition Winner

June 19, 2018 Sharon Cronin

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HORIZONS LIFETIME SAVINGS & INVESTMENTS CONFERENCE 2018 COMPETITION WINNER Thank you for all those who entered our "fishbowl" competition at the Horizons Lifetime Savings & Investments 2018 Conference at the Hilton Tower Bridge Hotel in London earlier this month. We are now delighted to announce the winner of the DJI Spark drone...
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TechLife Newsletter June 2018

June 04, 2018 Sharon Cronin

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TECHLIFE NEWSLETTER June 2018   The June edition of TechLife is now available online. TechLife is published every quarter and is filled with news, opinion pieces, white papers and information on legislative changes within the life and pensions industry in the UK and abroad.
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Horizons Lifetime Savings & Investments 2018

Competition Life and Pensions conference Horizons Lifetime Savings & Investments Sponsorship

Horizons Lifetime Savings & Investments 2018 5th-6th June 2018, London Exaxe is pleased to be sponsoring this year's Horizon Lifetime Savings & Investments conference. The two-day event will be held in the Hilton Tower Bridge in London on 5th-6th June 2018. Previously known as The Future of Life and Pensions, this year’s conference will bring together the most senior executives from across life, pensions, investments, and long-term savings. These leaders will unite to discuss customer centricity, lay the foundations for a digital future, envisage the changing advice market, and more. DROP BY THE EXAXE STAND BE IN WITH A CHANCE TO WIN A DJI SPARK DRONE
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Exaxe shortlisted for the European Pensions Awards

April 30, 2018 Sharon Cronin

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  Exaxe shortlisted for the European Pensions Awards NEWS RELEASE Dublin, 30th April 2018 – The European Pensions Awards has shortlisted Exaxe for the “Pensions Technology Provider of the year” award which will take place in London on June 21st.
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Actuarial Post: Earning trust on social media

April 26, 2018 Tom Murray

facebook Life and Pensions technology data protection Actuaries

Actuarial Post: Earning trust on social media This article was originally commissioned for Inner Workings, a monthly column written by Tom Murray, in the  April 2018 edition of the Actuarial Post.   The outright abuse of personal data epitomised in the recent scandals, concerning elections in the Western world, has shown that there are severe limits to the level of controls that you can put on your information once you have submitted it voluntarily online. If a total stranger sat beside you on a bus or a train and asked you about your personal musical preferences or which newspaper you liked to read, you would be very wary about supplying the answers.  Not that there is anything particularly top-secret about such information, nor is it very personal, but nevertheless an uneasiness would creep in that the other individual had to be up to no good if they wanted that kind of information.  In other words, you would assume that you were being setup for a sting.
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OneFamily goes live with Exaxe’s SaaS based policy administration platform Admin Plus

April 10, 2018 Sharon Cronin

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OneFamily goes live with Exaxe’s SaaS based policy administration platform Admin Plus NEWS RELEASE Dublin, Ireland – 10th April 2018. Exaxe, the award-winning specialist SaaS solutions provider for the life and pensions industry is delighted to announce that OneFamily has successfully gone live with Exaxe’s SaaS based policy administration platform, Admin Plus. OneFamily is a customer-owned financial services company with products spanning savings, investments, protection and lifetime mortgages.   OneFamily’s implementation of Admin Plus, is supporting its recently launched Lifetime ISA product. OneFamily has also implemented Exaxe’s illustrations and quotations SaaS solution, Illustrate Plus.
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