11 May 2022
Current Issues in Redress - Q2 2022
Our latest Redress Newsletter is out now!Content covers;• Market Update• British Steel Consumer Redress Scheme• Change to Redress Guidance FG17/9• Spring Statement• FCA Pensions Advice Checker•...
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Regulatory Update April 2022
22 April 2022
Our latest regulatory update for April 2022 is out now!Content covers;• FCA confirms PRIIPs Regulations• IFoA publishes thematic review on Funeral Plan Trusts• Operational Resilience - where should firms be now?• Update on the Solvency II review• Bank of England views on the invasion of Ukraine and UK financial resilience• FCA announces 3-year strategy• CMI news• Monthly statistical update Click this link to view.
Redress Solutions
03 May 2022
Response to FCA consultation paper CP22/6
Consumer redress scheme for unsuitable advice to transfer out of the British Steel Pension Scheme Executive Summary and Context OAC plc is an actuarial consultancy. Our redress solutions team a...
26 January 2022
BSPS redress scheme - understanding the potential magnitude of redress
A version of this article was published by https://www.threesixtyservices.co.uk in their Q1 Round up of 2022. On 22 December 2021 the FCA announced, via the publication of a “Dear CEO” letter...
03 December 2021
The art of data gathering for redress calculations
Data, whether it relates to the Investor, the ceding occupational scheme or the personal pension plan, forms the foundation of a redress calculation. Often, a considerable period of time has elapse...
11 November 2021
Current Issues in Redress - Winter 2021
Review of Redress Guidance FG17/9 The FCA announced on 1 September 2021 that they would be starting a periodic review of the redress guidance FG17/9 by the end of 2021. The timing of the review i...
04 November 2021
What is pensions redress?
The aim of redress is to compensate the customer for the unsuitable advice that they have received from a financial advisor. In a pensions context this includes advice to transfer a defined benefi...
What our clients say
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"We have been working with OAC, for the past 15 months and have found them extremely helpful, knowledgeable and approachable. OAC now deal with all our mis-selling complaint redress calculations and they have all been dealt with promptly and within stated timeframes.
We have been very happy with the service OAC have delivered and look forward to our continued relationship."