Category Archives: Financial Services

FCA investigations – The new world

aerial view of city at night

Perhaps it’s no surprise that with a title like that, we had no shortage of delegates (200 plus) for an interesting interactive seminar which we ran in our London auditorium on February 1, together with two law firms (Brown Rudnick … Continue reading →

How “Pure Entity” Australian Class Actions have distorted the D&O market

gavel on a desk with some legal reference books in the background

In 2012, the Federal Court of Australia’s decision in ASIC v Healey sent shockwaves through the boardrooms of large Australian companies and beyond. All seven non-executive directors as well as the Chief Executive Officer of Centro Group were found by … Continue reading →

With-profits simplification: Could it be a triple win?

person scrolling on a tablet reviewing a blue line graph

Aggregate U.K. market demand for with-profits funds has been in decline for several years. The benefits of simplification of a significant proportion of existing funds, most of which are already closed to new business, are becoming harder to ignore or … Continue reading →

Avoid a reporting crisis: Turning words into reality

Faut-il réinventer le salaire de base?

A major European insurer has demonstrated how a well-constructed reporting process transformation project can reap significant benefits when dealing with proliferating and ever-tighter deadlines. Over a recent series of blogs, we’ve highlighted the growing pressures on insurers’ reporting processes and … Continue reading →

Longevity blind spot threatens to stymie structured settlement annuity portfolio deals

Sellers and potential buyers of structured settlement annuity (SSA) portfolios could find themselves handicapped by outdated and inaccurate mortality projections. Trading activity in SSA portfolios has been on the increase in recent years, stimulated by buyers interested in longevity risk … Continue reading →

Avoid a reporting crisis: Useful tips – part 3

Having gone to the time and trouble of identifying and following through on objectives that help transform reporting processes, the last thing companies want, or can afford, is to miss out on the longer-term efficiencies and payback. As anyone who … Continue reading →

Demystifying social media for broker-dealers: 6 updates to FINRA guidance

Keeping up with the pace of change in social media is difficult for everyone. For broker-dealers, remaining in compliance with regulatory guidance is particularly difficult. Customers are constantly demanding more and more channels for online communication. Conforming to regulatory record-keeping … Continue reading →

Avoid a reporting crisis: Useful tips – Part 2

Implementing reporting process transformation has to be a multi-discipline, collaborative exercise. Continuing our recent series of blog posts on the driving forces behind reporting process transformation in European insurance companies and some tips for achieving it, we move on to … Continue reading →

Will new accounting rules ASC 600 and IFRS 15 impact your sales incentive plans?

If you’re responsible for, or involved with your company’s sales incentive plan (SIP), then you’re used to dealing with issues like whether the plan is properly aligned with the company’s strategy, or whether it’s driving the right behaviors. You’re also … Continue reading →

Avoid a reporting crisis: Useful tips – part 1

Reporting process transformation is becoming a major issue for many European insurers. As previewed in our recent blog post, a few tips that we’ve gathered from the work we’ve been doing in this area may help companies along the way. … Continue reading →