TechLife Newsletter July 2016

July 25, 2016 Sharon Cronin

newsletter exaxe Exaxe newsletter Exaxe News Exaxe client wins

TECHLIFE NEWSLETTER JULY 2016 The July print 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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Pensions Minister job downgraded… but not far enough

July 19, 2016 Tom Murray

Pensions pensions minister uk government

Pensions Minister job downgraded… but not far enough The summer has been notable for the number of retirements from the political scene.  Gone are the Prime Minister and Chancellor, the Leader of UKIP, and a large swathe of ministers and shadow ministers.  These are off to join the jetsam of ex-Ministers washed up by the last general election, just one year ago.
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Brexit - Keep Calm and Carry On

June 27, 2016 Tom Murray

Pensions Brexit Life financial services

Brexit – Keep Calm and Carry On The shock reverberating throughout the UK financial services sector from the success of the ‘Leave’ vote is palpable.  The plunging pound and falling stock markets have contributed to an air of panic throughout the business world.  And yet in many ways, the effect on businesses will be far less dramatic than the over-excited media would have you believe. 
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The man from the Pru runs from annuities

June 23, 2016 Tom Murray

annnuities Prudential

The man from the Pru runs from annuities The Open Market for conventional annuities received another blow as one of the most trusted brands in the space exited the field.  Prudential have announced that they will only sell products to existing customers or those going through its direct channel in future.  Clearly Prudential have decided that the introduction of pension freedoms has reduced the market for conventional annuities to a level where it is no longer worth making an effort to dominate.
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Actuarial Post: Could Britain care less about getting old?

June 09, 2016 Tom Murray

Long Term Care retirement

Could Britain care less about getting old?  This article was originally commissioned for the June 2016 edition of the Actuarial Post.
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Exaxe Announces Go-Live of Policy Administration System at Police Mutual

June 01, 2016 Sharon Cronin

client win Press releases Exaxe wins client wins exaxe

Exaxe Announces Successful Go-Live of Policy Administration System at Police Mutual
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Defined Benefits Pensions - Death by 1000 cuts

May 31, 2016 Tom Murray

RPI defined benefit plans defined benefit CPI

DB Pensions – death by 1000 cuts   The raucous noise you keep hearing in the background is the wailing of many in the pension world as they decry the attempt by the Treasury to remove the DB (Defined Benefit) albatross around the Tata Steel’s neck by restricting the pension’s annual increase to the CPI (Consumer Price Index) rather than the higher RPI (Retail Price Index) measure currently used. 
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Ireland’s pension crisis submerged by Irish Water

May 12, 2016 Tom Murray

Ireland Irish Pensions pension Irish Water

Ireland’s pension crisis submerged by Irish Water "That is no country for old men” is the opening line of Yeats’ “Sailing to Byzantium” referencing Ireland in 1928 but it could just as well apply to the Ireland of 2016. 76 days after the general election, Ireland’s new government has finally published their ‘Programme for a partnership government’, which sets out the government’s priorities for the next few years and resolving the pension’s crisis gets very short shrift.
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Investment Life & Pensions Moneyfacts: Depoliticising Pensions

May 05, 2016 Tom Murray

Pensions politics budget governement

This article was originally commissioned and published in the April 2016 edition of the Investment Life & Pensions Moneyfacts publication. Following the Budget, Tom Murray argues that pensions policy needs to be taken out of the day-to-day Government cycle and treated more like a major infrastructural project.
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Exaxe recognised among Top 10 Policy Administration Solution Providers 2016

April 26, 2016 Sharon Cronin

Press releases policy administration Awards top policy administration provider

Exaxe recognised among Top 10 Policy Administration Solution Providers 2016 by Insurance CIO Outlook   April 26, 2016 – Exaxe, the award winning, SaaS provider to the insurance industry, has been named in the Insurance CIO Outlook’s Top 10 Policy Administration Solution Providers list of 2016.
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