COVID-19 in the UK and US: Understanding the impact on insurance, retirement income and other financial services risks
Date: Thursday 15 July 2021
Time: 2.00pm – 4.00pm BST (9.00am – 11.00am EDT)
The UK and the US have been heavily impacted by the COVID-19 pandemic. But what is the impact on these critical financial services sectors, and what happens next?
Last Summer, we held a discussion webinar, co-hosted with the Institute and Faculty of Actuaries, that took a deep-dive into what the pandemic means for these sectors as a result of any changes to expected mortality, life expectancy and health.
One year on, we reconvened our panel of expert actuaries to ask:
- How has the pandemic affected the views of actuaries on future longevity, mortality and health?
- What was expected/ predictable, and what has changed?
- What has this, and will this, mean for financial services, including retirement income, pension schemes, annuities in the UK?
- What has this, and will this, mean for financial services including retirement income, investment and risk, healthcare and aging in the US?
- What happens next?
This event was chaired by Trevor Llanwarne (ILC Trustee)
Speakers included:
- Adrian Pinington, COVID Actuaries Response Group
- Caroline Roberts, The Phoenix Group
- Douglas Anderson, Club Vita
- Anna M. Rappaport, Society of Actuaries Aging and Retirement Steering Committee
- Max Rudolph, Rudolph Financial Consulting
- Ed Pudlowski, MorningStar Actuarial Consulting
- Matt Gurden, Government Actuary’s Department