What the SVB Collapse Teaches Us About Retirement Planning
The startling and swift collapse of Silicon Valley Bank, along with crypto-friendly Silvergate Capital and Signature Bank, shocked industries and investors on a national and global scale. Even as the U.S. Treasury steps in to…
Pensions Lose Millions After Bank Collapse
Pensions across the globe have lost millions of dollars due to the collapse of Silicon Valley Bank (SVB). In the wake of SVB’s Friday closure, several pension funds in the U.S. and two overseas have…
12.5 million of working-age Britons are under-saving for retirement
New government figures show the level of undersaving in British pensions is still substantial, despite increased pension participation in the private sector. ‘Analysis of future pension incomes’, published by the Department for Work and Pensions…
LUX Partners with Arab Actuarial Conference
Lux and a stunning success story of a multi-regional actuary business, built by Ruan van Rensburg, founder of Lux Actuaries, the humble and self-made South African gentleman, starting from Bahrain. Ruan is a highly qualified…
When it Comes to Investing, ‘the best may sometimes be born from the womb of the worst’
Focusing investors on what they can control –how much and how consistently they save, and maintaining a well-diversified asset allocation– is key to a successful savings goal. And it’s NOT about timing your entry and…
The Arab Actuarial Conference Couldn’t Have Come at a Better Time!
Nearly everything in life does not come from the blue or by chance; but rather takes its natural time for circumstances to mature to fruition. Such were the conditions of the birth of the first…
Pakistan stops salaries, pensions as economic crisis worsens
The cash-strapped Pakistan government has reportedly instructed the Accountant General of Pakistan Revenues (AGPR) to halt the clearing of all bills, including salaries and pensions, of federal ministries and attached departments until further notice. According…
Europeans defying retirement norms and working past the age of 70
While trade unions are mobilising in France to defend retirement at 62, throughout the European Union, men and women are working beyond the age of 65 or even 75. Who are they? The official statistics…
The Future of Global Retirement 2023
As perceptions of retirement shift across the world, in line with emerging technology and reforms to legislation, the industry needs to keep up and remain one step ahead. At Smart, we’re continuing to lead the…