30 June 2020
Brexit Marches on.......
Technical Information and Relevant Currencies On 30 June, the PRA published "Consultation Paper CP5/20 Solvency II technical information: The PRA’s proposed approach to the publication at the end...
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OAC celebrates Investors in People Award
22 May 2019
OAC plc has been awarded accreditation against the Investors in People Standard, demonstrating their commitment to realising the potential of their people. OAC, are a dedicated team of leading actuaries and financial services consultancy experts who have been helping firms and individuals with their finance and actuarial needs for the last 25 years. OAC's greatest asset is its people and we are committed to leading, supporting and managing them effectively to achieve sustainable results. In...
Governance, risk & compliance
25 June 2020
RSR submissions for year-end 2020 onwards
In keeping with managing the burden on firms' resources, the PRA considers that the existing Regulatory Supervisory Report (RSR) cycle will continue. Effectively, in terms of future submissions, wh...
24 June 2020
Regulatory Standards for the UK Financial Services Sector Post-EU Withdrawal
The statement made by Rishi Sunak, The Chancellor of the Exchequer, on 23 June 2020 included the following in respect of Solvency II and insurers: The Government also plans to bring forward a rev...
22 June 2020
Risks to High Quality Actuarial Work
On 11 June, the Joint Forum on Actuarial Regulation (JFAR) issued an updated Risk Perspective identifying 8 ‘hotspots’. The report sets out the collective view of the regulators on risks to high qu...
11 May 2018
Succeeding in financial promotions
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 require...
12 April 2018
Implementing the Insurance Distribution Directive - Part 2
This article follows on from our previous article about implementing the Insurance Distribution Directive (IDD) which concentrated on the issues surrounding complex and non-complex products, wherea...
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