Regulation - updating financial IT to comply with regulation


We don’t need to look far to see that regulators are showing an increasingly detailed interest in financial services organisations. There is also an inevitability that, as this level of detail increases, so will the reliance on information technology to demonstrate firms’ compliance efforts. Whilst IT can provide firms with vital tools for this purpose, IT alone is not enough.

The countdown to Solvency II

We are eight months from Solvency II coming into force across the EU, and the UK Prudential Regulation Authority (PRA) appears to be on track with transposing the Solvency directive into UK national legislation. The PRA publication at the end of March (Policy Statement PS2/15) certainly marked welcome progress for the UK insurance industry, particularly as there were no unexpected developments.

Humanising Pensions

Given the dramatic and technical changes we have seen in the pensions landscape over the past year together with members looking to take advantage of the new flexibilities in April, do you feel prepared? In the forthcoming columns, I will be exploring ways in which trustees and plan sponsors can help their members prepare and move forward into the new pensions world, as well as looking at what can be done to get your schemes ready.

Milliman Risk Talks: Monitoring and updating risk data

Latest World News

Thu, 07 May 2015 United Kingdom votes in most unpredictable election in decades
Thu, 07 May 2015 Iran releases Maersk ship and its crew - IRNA
Thu, 07 May 2015 UK grocer Morrisons' sales fall worsens
Thu, 07 May 2015 BT year earnings top forecasts helped by fibre broadband
Thu, 07 May 2015 Hundreds of bodies may be buried in Nepal avalanche, official says
Thu, 07 May 2015 China warns Philippine military planes away from disputed sea area - Manila
Thu, 07 May 2015 Rescuers step up hunt for bodies in quake-hit Nepal trekking village
Thu, 07 May 2015 Over 120 die in Yemen as Houthis take key Aden district
Wed, 06 May 2015 United Kingdom votes in most unpredictable election in decades
Wed, 06 May 2015 Rescuers step up hunt for bodies in quake-hit Nepal trekking village

Lifestyle Actuary

The trappings of fast paced city lifestyles rarely take into account the charm and elegance that a room, a dinner or a cup of tea can afford; characteristics lost to a by-gone era of debutante balls and black tie for dinner.

The Luddite

Sam Richardson looks into the up and coming and the outgoing of the technology and gadgetry world in 2014.

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

Site Search

Exact   Any  

Latest Actuarial Jobs

Digital Magazine

APRIL Edition - OUT NOW

Actuarial Post's Digital Magazine Issue 48

New pensions freedoms ; choice or chance?

Click the image above to view. Click here to receive your future copies of our monthly magazine

Author Companies

Actuarial Jobs & News Feeds

Jobs RSS News RSS