Reader’s Digest insolvency ‘domino effect’ fears

The controversial rejection of a pension deficit funding deal between publishing company the Reader’s Digest Association (RDA) and the Pension Protection Fund (PPF) by the UK’s Pensions Regulator, which forced Reader’s Digest into administration, may be the first of many pension scheme-related corporate insolvencies, the industry has warned.

The UK arm of the RDA reached an agreement with the PPF to transfer the scheme, which has a deficit of £125 million to the lifeboat insurer, with additional

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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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