Governor Andrew Bailey has said that they were not connected
Chancellor says replacing EU law with rules ‘tailor made for the UK’ will free up billions
New business cash generation more than doubled to £430m in the first half of 2022
Three things clients may call you about this week...
The European Union has agreed the final measures of the Solvency II framework and given a January 2016 start date.
Europe's insurers spent as much as €9bn keeping pace with a barrage of regulatory changes imposed on the industry in the years following the financial crisis, according to a report by Deloitte.
Andrew Tyrie, chairman of the Treasury Committee, and Andrew Bailey, executive director of the new Prudential Regulation Authority (PRA), have rounded on the European Union (EU) over its "shocking" implementation of Solvency II.
Average annuity rates have undergone the first recorded quarterly increase in two years, according to research.