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Blog
Delegated Act: Implementing rules for Solvency II
On 10 October 2014 the European Commission adopted a Delegated Act containing implementing rules for Solvency II. The European Parliament and Council now have until…
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Blog
Big jump in liabilities likely if no change seen in market statistics
The latest version of our Current Issues in Pensions Financial Reporting newsletter has just been released and it gives some interesting considerations for company …
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Blog
EIOPA are at it again with a new consultation on solvency for pension schemes
The European Insurance and Occupational Pensions Authority (EIOPA) has published yet another consultation into potential new solvency requirements for pension schem…
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Blog
CP21/14 Policyholder Protection
On 6 October 2014 the PRA published Consultation Paper 21/14: Policyholder Protection. Our latest blog looks at the the implications of this consultation.
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Blog
Clarification for signing actuaries?
In early 2014, the Central Bank of Ireland published new reserving requirements for non-life insurers and non-life reinsurers and life reinsurers. Our latest blog l…
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Blog
PPF levy to be cut – will your scheme benefit?
The PPF has reduced its target levy from 2015/16 and made some welcome changes to the levy framework. However, not all schemes will see a fall in their levy.
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Blog
Mark Carney is putting the right ideas into practice
As the keynote speaker at the IFoA’s General Insurance Conference (GIRO), Mark Carney addressed the importance of insurance to the new focus of the Bank of England.
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Blog
Softer approach to accounting for surplus under IFRIC 14
IFRIC 14 amendment will clarify the treatment of pension schemes where there is a surplus on the IAS 19 accounting basis but no future accrual of benefits.
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Blog
Compromise on EU pensions directive grants boon for cross-border schemes
Revised Directive may permit cross-border schemes to use recovery plans – but is this too little, too late?
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Blog
What is the most important mortality assumption?
It is very important for an insurer to understand its portfolios of business and the assumptions underlying them.