Given all the hype in the news regarding the change in the Pension landscape, what are peoples views on the future for Pensions Actuaries?
To be honest, with all the chatter about flexibly annuities (U-shapes, etc), I suspect there's plenty innovation ahead. The market will end up smaller, but as I said in a previous post it requires just as much actuarial effort to price £1m of annuities as it does £50m.