Pension guarantee funds - Levies to rise as the downturn bites



With the continuing economic turmoil across the continent, two of Europe's pension guarantee systems have confirmed they will be forced to raise levy contributions in light of rising corporate insolvencies, while the UK's Pension Protection Fund may be forced to raise its levy in the near future.

Germany's Pensionssicherungs-verein (PSVaG), the pensions insurance provider for German and Luxembourg book reserve plans - schemes that are funded directly through balance sheet contributions - has

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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