17 June 2021
In her speech of 15 June 2021, Anna Sweeney, PRA’s Insurance Executive Director, gave notice of a data gathering exercise to inform possible reform of the Solvency II regime. The QIS will be released over the summer and the regulator seeks high-quality data within a period of around 3 months. This will require significant resource from firms. Participation is voluntary although the PRA “will be writing to a variety of firms in each sector strongly encouraging them to participate”. Anna S...
09 August 2020
Sarah Abraham discusses the latest issues in Actuarial and Redress Calculations GMP Equalisation The guidance issued by HMRC on the tax treatment of GMP equalisation earlier this year has enabled...
03 November 2017
On Friday 27 October, the FCA published its final guidance on how to calculate redress for unsuitable defined benefit pension transfers (FG17/9). The FCA also provided a summary of feedback from th...
26 October 2017
At the annual conference of the Association of Financial Mutuals (AFM) in October 2017, OAC published its research into the mutual sector's contribution to savings in the NHS, the Welfare State and...
26 June 2017
Selected recent Solvency II news items: Insurance sector risks and solvency levels.
22 May 2017
OAC was approached by Seven Investment Management (7IM) to provide an independent review of their research into investment strategies for retirement savings. Our actuaries reviewed their methodolog...
19 May 2017
OAC was interviewed by LexisNexis UK about the FCA's consultation GC17/1: 'Changes to the way firms calculate redress for unsuitable defined benefit pension transfers', which included what the prop...
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