• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

actuarial career in pensions

U

uktous

Member
hi,

can anybody tell me the attractiveness of working in pensions areas?

Is there any reason for why actuarial career in pensions is better than other actuarial ares?

:D
 
Thats a very subjective question.

Pensions are changing...employers are finding final salary expensive so if you like trying to find ways to reduce cost but still have a valued benefit that is one of the challenges in that arena.

Looking ahead, there is the new personal accounts that the Gvnt are toying with so this could offer product devt opportunities.

Returning to scheme closure, there is increasing work being put in on bulk purchase annuities.

Pensions consultants generally get more chance for direct client contact so if that floats your boat, it may be more appealing compared to say GI or Life.

So my answer is its horses for courses!
 
Thats a very subjective question.

Pensions are changing...employers are finding final salary expensive so if you like trying to find ways to reduce cost but still have a valued benefit that is one of the challenges in that arena.

Looking ahead, there is the new personal accounts that the Gvnt are toying with so this could offer product devt opportunities.

Returning to scheme closure, there is increasing work being put in on bulk purchase annuities.

Pensions consultants generally get more chance for direct client contact so if that floats your boat, it may be more appealing compared to say GI or Life.

So my answer is its horses for courses!

how about the duties of working in pension field?
 
Back
Top