More than half of insurers are preparing to change the way they calculate regulatory capital as Solvency II approaches, Deloitte says.
The business advisory firm said that of those making preparations, 60% have increased the sophistication of their approach to calculating the capital they must hold, and 40% have simplified their approach....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point