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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Tax-free pension advice allowance hits the spot.

February 16, 2017 Tom Murray

pension robo-advice robo-guidance

The announcement that the government is to tackle the advice gap by helping people to pay for advice from their pension savings is good news.   According to the Treasury’s research, only 14% of the population would feel confident making financial decisions about their pension without expert advice.  And there are two primary barriers to this – the affordability and the availability of advice.
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Actuarial Post: Oz goes back to basics with Pensions - Life & Pension

August 10, 2016 Tom Murray

superannuation annuities uk annuities compulsory annuity pension

Oz goes back to basics with Pensions This article was originally commissioned for the July 2016 edition of the Actuarial Post.
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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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Should a pension be renamed severance pay?

October 16, 2014 Tom Murray

Pensions UK rip-off Life and Pensions defined benefit scheme

What is a pension? Up to the end of 2013, most of us would have defined it as a regular payment that is made to a retiree for the duration of his or her retirement. It’s worth remembering that because the latest pension reforms, introduced by the Chancellor, and apparently amended on a daily basis, are taking the whole idea of pensions in a completely different direction.
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Guidance issue is key to pension reform success

July 17, 2014 Tom Murray

lump sum decumulation Pensions UK superannuation

Compared to most other countries, the decumulation sector in the UK is very sophisticated. A wide variety of decumulation options are in place to deal with longevity risk. The danger of outliving your money is the most severe risk faced by the public because when it impacts, the individual is too old to return to income generating activities to compensate. So the availability of conventional annuities, flexible income annuities, deferred annuities and enhanced annuities along with myriad drawdown products optimises the choice for retirees so that they can get suitable financial products for their particular circumstances.
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Dracula gets the bite on big data - Life & Pension

November 27, 2013 Tom Murray

dracula longevity Pensions UK chief actuaries

This article was originally commissioned for the Actuarial Post.
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Exaxe and Equiniti Paymaster join forces in Insurance

administration partnership Press releases software Equiniti paymaster

NEWS RELEASE: Dublin, Ireland, 22nd May 2013
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British Columbia improves on Quebec’s PRPP approach

March 04, 2013 Tom Murray

provision Illustrate Plus Pensions budgetm pooled registed pension plan Admin Plus

[dropcap letter="T"]he recent budget from the government of British Columbia (BC) was notable for its take on the Pooled Registered Pension Plan strategy. Unlike the original Quebecois proposals, which mandated provision and contribution by employers, the BC government’s approach seems mindful of the need to get people saving for their retirement without driving up the cost of labour, which might make it harder to employ people.
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Employers can’t cope with pension burden

July 13, 2012 Tom Murray

FTSE 100 Barclays Pensions UK EU

It has been reported that the total pension deficit at the UK’s largest companies has more than doubled over the last year, caused primarily by volatile markets and falling bond yields. The analysis carried out by actuarial consultants Lane, Clark & Peacock (LCP) reveals that the combined deficit of 83 FTSE 100 companies rose from £19 billion to £41 billion in the last twelve months. This comes after the same companies had put an excess of £20 billion into their pension funds to try to get the deficit under control.
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