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28 October 2020

Product Oversight and Governance (POG) Requirements

On 8 October 2020, EIOPA published their approach to POG supervision with the aim of "providing more clarity for insurance manufacturers and distributors on the supervisory approach to POG requirem...

10 October 2020

Suitability of [DB] Pension Transfer Advice

Since the introduction of pensions freedoms in April 2015, consumers have more options available to access their pensions. Furthermore, recent changes in the financial environment have pushed trans...

20 September 2020

Funeral Plans - Asset Adequacy Report (AAR) requirements

The Financial Reporting Council approved an update to its actuarial guidance standard known as TAS 400 : Funeral Plan Trusts on 1 July 2020.  Although early adoption is encouraged, the effective da...

28 August 2020

EIOPA Solvency II News

On 31 July 2020, EIOPA launched its "Solvency II Single Rulebook" to "[enable] the navigation across different legal acts such as the Directive, Delegated and Implementing Regulation, as well as EI...

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