Exaxe | Leading provider of software solutions to life assurance, pensions, insurance and wealth management companies around the globe, including illustration and policy administration financial software

Report after report lands on my desk calling for major reform of the pension landscape.  Great play is made of the longevity figures, which show that the current system is unsustainable and that disruptive thinking is needed to solve this crisis. One thing they have in common is that people need to take control of …

Here’s a question.  What country has the best enrolment into pension schemes where they are not compulsory?  The UK? The USA? Think again.  It’s Canada with 73% enrolment, joint first with the Asia-Pacific region.  The USA comes in at 47%, continental Europe at 45%, and the Latin America region hits 43%.  The UK, frequently quoted …

You would be forgiven, reading the financial pages lately, for thinking that annuities were one of the worst plagues to be inflicted on mankind since the time of Moses. Everyone is applauding the coalition’s announced policy of abolishing compulsory annuitisation at 75 as if it were the fall of the Berlin Wall in terms of …