Actuaries, schemes and insurers will foot £1.7m bill for regulation

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ACTUARIES, pension schemes and insurers will pay the £1.7m costs of regulating the actuarial profession, the Financial Reporting Council has confirmed.

The March 2005 Morris Review of the actuarial profession recommended the FRC assume the responsibilities for setting technical standards and regulation from the Actuarial Profession. The FRC estab...

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