11 May 2018
The process of creating compliant financial promotion and marketing materials isn't straightforward. Firms have to balance their sales message (what they want to say) with strict regulatory requirements to disclose key product and company information and not to mislead the customer (what they have to say, what they can say and how to say it). This can be a particular challenge when explaining the complexities of some financial products. Drawing upon OAC's experience of checking financial pro...
16 April 2018
On 11 April 2018, the PRA announced its consultation on the removal of the external audit requirement for "small firms" from 15 November 2018. Currently, Solvency II firms require an external audit...
06 March 2018
In January, the PRA announced it consultation (CP2/18) into a number of reporting changes to “reduce the burden” on Solvency II firms. This consultation closes on 13 April 2018. The purpose of this...
28 November 2017
An interview with Darren Richards, Chief Executive at OAC. So, six months in, how has OAC changed since signing up to the Women in Finance Charter? Being honest, signing up to the HM Treasury Wom...
27 June 2017
Christopher Critchlow, Head of Professional Services at OAC, draws upon OAC’s experience of the 2016 year-end process for the new Solvency II regime. OAC provides the actuarial function for a numb...
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 December 2016
Selected recent UK news items of more general interest: Bank Rate and QE programme, recommended climate-related financial disclosures, latest pay and price inflation, revised Technical Actuarial St...
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