Beating the Default Paradox: Better Support for Members nearing Retirement
Benchmark research shows most retirees (61%) wish they’d had more support at retirement. The reality is that most members are unaware of the post-retirement (trustee endorsed annuity strategy) options and support that their retirement fund’s offer.
4min read
Retirement savings under threat from criminals using Artificial Intelligence
While the world marvelled last year at the ease with which artificial intelligence (AI) tool ChatGPT completed tasks for everyday users, the criminal underworld celebrated the launch of FraudGPT on the Dark Web in July 2023. Actuary and damages expert, Gregory Whittaker, describes the emergence of FraudGPT as particularly bad news for retirees, who are already at significant risk of losing their retirement savings to cybercriminals.
Alarming 3min read