Buzz: Actuaries are too expensive and slow

clock • 2 min read

Seven out of ten Buzz respondents believe schemes are paying too much or waiting too long for calculations carried out by actuaries.

More than 60% of those contributors that were critical of actuaries said many of their services were both too expensive and took too long to complete. "The number crunching does take a long time...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

First three organisations complete connection to pensions dashboards ecosystem

First three organisations complete connection to pensions dashboards ecosystem

Heywood, L&G and Pension Fusion have passed through the final stages required to connect

Holly Roach
clock 05 March 2025 • 3 min read
Capita readies for digital tool launch as it posts 5% rise in pensions revenue

Capita readies for digital tool launch as it posts 5% rise in pensions revenue

Firm says Capita Digital Pension Solutions will mark ‘step change’ in its service offering

Jonathan Stapleton
clock 05 March 2025 • 3 min read
TPR data shows 15% drop in number of DC schemes as market 'radically reshapes'

TPR data shows 15% drop in number of DC schemes as market 'radically reshapes'

Regulator says number of DC schemes fell to 920 in 2024 while memberships grew to over 30 million

Holly Roach
clock 04 March 2025 • 4 min read
Trustpilot