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WITNESS
Shepherds Friendly Society: "OAC bring great clarity to often complex and challenging issues and succeed every time in communicating clearly to our Board. They are central to all we do and we value their strategic input highly." [Read more >>]
Red Rose Friendly Society: "We are delighted to be able to report that our testing demands have been both met and surpassed." [Read more >>]
Scottish Friendly Assurance Society: "Professional and experienced, responsive, pragmatic, keen to assist." [Read more >>]
Sheffield Mutual Friendly Society: "OAC have provided sound advice and positive support in helping us to look after the interests of members and achieve our modernisation objectives." [Read more >>]
Wiltshire Friendly Society: "It is very helpful to receive advice and communication in a language that can be understood." [Read more >>]
  Overview  
  Appointed and expert roles  
  Financial modelling  
  Resourcing  
  Life office management  
  Friendly society services  
  Mergers and acquisitions  
  Regulatory  
     
 
  Key contact information  
  Christopher Critchlow
 
  David Lechmere  
insuranceconsulting@oacplc.com
 
Click here to view all news from OAC Newsboard
 
  OAC draws upon its experience of Solvency II, ICAs and reverse stress testing for Infoline event  
  Dated: Fri, 06 Aug 2010  
  OAC will be presenting at Quilter's annual Friendly Society seminar on 14 May 2010  
  Dated: Mon, 19 Apr 2010  
  OAC will be exhibiting at the Actuarial Profession's Health and Care Conference at The Celtic Manor Resort on 12-14 May 2010  
  Dated: Thu, 08 Apr 2010  
  Publications & downloads  
  OAC Brochure -
Insurance consulting		  
  OAC Brochure -
Solvency II and risk management support		  
  OAC Advertisement - Q3/10
Solvency II needs your attention		  
  OAC Topical Article - Q3/10
FSA With-Profits Regime Review - Not quite a gold star		  
  OAC Advertisement - Q2/10
Solvency II in Full HD		  
  OAC Focus - Q4/09
The Actuarial Profession -
Life Convention 2009 Edition
Topics include: Solvency II; Impact of latest regulatory changes on the IFA distribution channel; Future direction of regulation; Risk and capital management; Complaint management; Retail Distribution Review; Technical Actuarial Standard for Modelling; Technical Actuarial Standard for Insurance Business; The way ahead for actuarial contractors.		  
  OAC Focus - Q4/09
AFS Annual Conference and
AGM 2009 Edition		  
  OAC Advertisement - Q3/09
Deciding on your path to
Solvency II?		  
  OAC Topical Article - Q3/09
Solvency II: The value and risk of Value at Risk		  
  Terms and Conditions of Business  
  Related links  
  Mo.net:
The future of financial modelling		  
  OAC:
Solvency II: preparing for regulatory changes 		 

Regulatory

Life office practice is now heavily regulated both in terms of prudential supervision and against general FSA regulatory requirements. The principle of Treating Customers Fairly means that the two are now fundamentally linked and it is essential that all the actuarial issues are reviewed by those with appropriate regulatory or compliance experience.

This is particularly important with:

  • product development - are there any options which impact on TCF?
  • the introduction of the new Solvency 2 regime;
  • the development and refinement or consolidation of existing financial models; and
  • illustrations of potential consumer benefits contained within KFDs.

Contact us to discuss how your general management requirements can be met.