 |
|
 |  |  |  |
The Law Commission has published a consultation paper on friendly societies as part of a review of the current law in this area. |
In a press release they stated: “The current law governing friendly societies is fragmented, outdated, and in need of modernisation. The last major update was in 1992. Friendly society law has not kept pace with developments in related areas such as company law and financial services regulation.” Commenting on the announcement, Cara Spinks, Head of Life & Health at leading independent consultancy Broadstone, said: "The Law Commission’s consultation on modernising the legal framework for friendly societies is a crucial step toward strengthening this vital sector. “Friendly societies provide affordable, customer-focused financial services that drive financial inclusion and support underserved communities. Moreover, we’ve seen first-hand the significant contribution friendly societies and the broader mutual sector make to public health, saving nearly £1bn annually for the NHS, welfare state, and employers through health protection policies. “In tandem with the government’s pledge to double the size of the co-operative and mutual sector, this review of issues around areas such as business transfers, legacy assets, demutualisation and communication will help societies operate more efficiently and adapt to the evolving needs of their members. “Moreover, allowing societies to raise capital in new ways and expand their business activities could help to fuel sustainable growth while maintaining their mutual ethos.” https://lawcom.gov.uk/news/law-commission-seeks-views-on-the-law-relating-to-friendly-societies/ |
|
|
|
| Reporting Manager - South East/Hybrid | ||
| South East, Hybrid - Negotiable | ||
| Project-oriented pensions consultant ... | ||
| Any UK Office location / Hybrid working, 2 days p/w in office - Negotiable | ||
| Senior BPA Leader | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| Risk Settlement Project Support | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| Risk Settlement Lead | ||
| UK-wide / hybrid 2 dpw office-based - Negotiable | ||
| Pricing Analyst - Life Actuarial | ||
| South East / hybrid - Negotiable | ||
| Senior Actuarial Trainee | ||
| South East / hybrid 3 days p/w office-based - Negotiable | ||
| Head of Capital | ||
| London - £160,000 Per Annum | ||
| Actuary – Broker | ||
| London - £150,000 Per Annum | ||
| Senior Pricing Analyst - Travel Insur... | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
| BPA Analyst - Non-actuarial | ||
| North West / hybrid 50/50 - Negotiable | ||
| Financial & Insurance Risk Actuary | ||
| Scotland / hybrid 2 dpw office-based - Negotiable | ||
| Pensions (Scheme) Regulation Director... | ||
| London or Birmingham with flexible hybrid working - Negotiable | ||
| Cross-Asset Structurer - International | ||
| Zurich - Negotiable | ||
| BPA Transition Manager | ||
| South East - Negotiable | ||
| Calling all technical pensions specia... | ||
| North West with a range of hybrid working options - Negotiable | ||
| Take the lead on London Market pricing | ||
| London – 3 days per week in the office - Negotiable | ||
| Head of Capital | ||
| London - Negotiable | ||
| Divisional Reinsurance Actuary | ||
| London - £170,000 Per Annum | ||
| Associate - BPA Origination & Execution | ||
| London / hybrid 3 dpw office-based - Negotiable | ||
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.
Copyright © 2025 Actuarial Post. Created by Zero-One Design Ltd
