![]() |
The FCA provided an update on its evaluation of the Retail Distribution Review and the Financial Advice Market Review, including a decision not to bring issues relating to defined benefit transfers into the scope of this initiative. The update reflects points raised by those who responded to the FCA’s call for input earlier this year, designed to help finalise the scope of the evaluation. |
Steven Cameron, Pensions Director at Aegon said: “Aegon had called on the FCA to focus on the potential for the ‘advice gap’ for defined benefit scheme members to be a key part of the review of RDR and FAMR. While the FCA has decided against this, we are pleased it has noted concerns raised through its call for input and we welcome the assurances given that these concerns will be fed into other projects. In its work on defined benefits, the FCA has rightly focussed on ensuring individuals who receive advice receive suitable advice. But attention also needs to be given to whether individuals may struggle to access advice in this key area, and if the supply of advice will reduce further as a result of regulatory interventions or increases in Financial Ombudsman Service compensation limits. We would welcome the FCA ensuring its drive to improve the quality of such advice does not inadvertently lead to a shrinkage in supply, which could be to the detriment of defined benefit members.”
On the FCA’s confirmation that it will focus on the regulatory perimeter between guidance and regulated advice, Cameron said:
|
|
|
|
Senior Pricing Actuary | ||
Fully remote - Negotiable |
STAR EXCLUSIVE CONTRACT: GI model val... | ||
Flex / hybrid 1 dpw office-based - Negotiable |
STAR EXCLUSIVE: GI model validation lead | ||
Flex / hybrid 1 dpw office-based - Negotiable |
NEW: In-house Pensions Actuary role | ||
London or North East with flexi working - Negotiable |
Scheme Actuary | ||
South East / hybrid 2 dpw in the office - Negotiable |
Varied Pensions Actuarial Manager | ||
UK-wide / hybrid 2 dpw office-based - Negotiable |
Investment Consultant | ||
South West / hybrid 2 dpw office-based - Negotiable |
Senior Actuarial Trainee - BPA | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
BPA Pricing Lead | ||
Flex / hybrid with 2 days p/w office-based - Negotiable |
BPA Pricing Actuaries | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
BPA Pricing Senior Actuary | ||
Flexible / hybrid with 2 days p/w office-based - Negotiable |
Solvency II GI Contractor - Immediate... | ||
London / hybrid - Negotiable |
Deputy Head of Pricing | ||
London - £180,000 Per Annum |
Actuarial Manager - Life Consultancy | ||
Various locations - Negotiable |
Specialty Pricing Expert - Cyber | ||
London, 4dpw in the office - Negotiable |
Lead Personal Lines Analyst | ||
London / South Coast / hybrid - Negotiable |
Strategic Pricing | ||
London / Hybrid - Negotiable |
Senior Pricing Analyst - Personal Lines | ||
South Coast / hybrid - Negotiable |
Business Development in Investment | ||
London / hybrid (3 dpw office-based) - Negotiable |
Financial Lines Pricing Manager | ||
London / hybrid - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.