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Annuity holders who purchased their policy with funds from a final salary pension scheme will be able to sell it through the planned secondary annuity market, the government has confirmed. 22 Apr 2016
The European Insurance and Occupational Pensions Authority (EIOPA) has announced that it will discontinue work on a single EU-wide pensions solvency regime. 18 Apr 2016
The EU's Solvency II Directive came into force on 1 January 2016. The directive consolidates and harmonises existing EU insurance directives including life and non-life directives, the reinsurance directive and various others.
On 28 March 2014, the Financial Conduct Authority (FCA) published a policy statement “PS14/5: Mutuality and with-profits funds: a way forward”.
This guide is based on the law of England and Wales. It was last updated in January 2013.
This guide is subject to UK law and was last updated in March 2012.
This guide is subject to UK law and was last updated in October 2011 . A recent report on the funding of social care recommends individuals should be required to contribute no more than £35,000 towards the costs of their own care in old age.
This guide is subject to UK law and was last updated on 26th January 2011. The Government wants to encourage the development of a range of simple financial products for the mass market that "do wha...
Rothesay Life's acquisition of £6 billion worth of pension liabilities from Aegon's UK business is the latest example of an insurer adjusting to new EU level capital requirements by making changes to its business model, an expert has said. 15 Apr 2016
FOCUS: Many of the rules governing pension scheme solvency, funding and investment could be simplified if the UK was to leave the EU - but doing so would require careful balancing of the burden on employers with valuable consumer protection measures. 04 Apr 2016
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