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OAC Actuaries and Consultants - Actuarial and financial services consulting
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About OAC

  Title Date
  OAC to exhibit to nearly and newly qualified actuaries  
  Wed, 21 Nov 2012 | Ed Grundon  
  OAC is looking forward to exhibiting at The Actuarial Profession's Momentum Conference for soon to be and recently qualified actuaries. The event is taking place between 2nd-4th December 2012 in the fantastic surroundings of St. Andrews.  
  http://www.actuaries.org.uk/events/residential/momentum-conference-2012  
     
  OAC staff announce their 2012 charity fundraising challenge  
  Mon, 02 Apr 2012 | Christiane Perera  
  Please consider supporting our staff. Thank you.  
  http://oacplc.com/stafffundraisingforcharity  
     
  Graeme Charters joins OAC Actuaries and Consultants  
  Tue, 14 Feb 2012 | Christiane Perera  
  Graeme Charters has joined OAC Actuaries and Consultants as head of business development and as an actuarial consultant specialising in risk management. He will be responsible for leading the firm's growth plans in actuarial consulting and Mo.net financial modelling services.  
     
  Follow OAC on Twitter (@OACnews) Thu, 25 Aug 2011
  Follow OAC on Twitter (@OACnews)  
  Thu, 25 Aug 2011 | Ed Grundon  
  For industry news and OAC commentary, information from OAC business areas including Mo.net financial modelling, and roles for actuarial contractors.  
  http://twitter.com/OACnews  
     
  Success with OAC's Staff Charity Challenge 2011: Yorkshire Three Peaks  
  Fri, 19 Aug 2011 | Ed Grundon  
  For more information please use link.  
  http://www.oacplc.com/careers/stafffundraisingforcharity  
     
  Please consider supporting OAC's Staff Charity Challenge 2011: Yorkshire Three Peaks  
  Fri, 15 Jul 2011 | Ed Grundon  
  A group of OAC staff, and their friends and family, will be raising money for Cancer Research UK on 13 August 2011 by walking 25 miles across Yorkshire's three highest peaks.  
  http://oacplc.com/stafffundraisingforcharity  
     
  OAC Advertisement Q2/11: Actuaries wanted  
  Mon, 21 Mar 2011 | Christiane Perera  
  We have two exciting opportunities to join our consulting team. Our highly innovative business and working environment offers the right candidate the rewards and work / life balance they have always wanted. [Click on link to read more]  
  http://oacplc.com/publications/ad0411au.pdf  
     
  OAC helps lead the way with the rise of home working  
  Wed, 04 Aug 2010 | Christiane Perera  
  OAC was interviewed for The Guardian about its pioneering teleworking environment and how it has impacted on its staff. Click on the link to read the full article.  
  http://www.guardian.co.uk/money/2010/aug/03/rise-working-from-home  
     
 

 

Insurance Consulting

  Title Date
  OAC Publication Q1/13: "Technical article on CP12/38: Mutuality and with-profits funds: a way forward"  
  Wed, 16 Jan 2013 | David Lechmere  
  Just before Christmas the FSA issued CP12/38, its long-awaited paper on the topic of mutuality and with-profits funds. This article summarises the proposals and then offers some comments on them.  
  http://bit.ly/10z6fOo  
     
  OAC looks forward to exhibiting at The Actuarial Profession's Life Conference in Brussels  
  Fri, 02 Nov 2012 | Graeme Charters  
  The Life Conference is The Actuarial Profession's premier annual event. This year it is being held in Brussels between 4th-6th November. It presents us with a valuable opportunity to meet many of our clients in one place, and with the aim of attracting a few more. We will be particularly keen to promote our insurance consulting and actuarial resourcing services, and Mo.net financial modelling.  
  http://www.actuaries.org.uk/events/residential/life-conference-and-exhibition-2012  
     
  OAC looks forward to speaking and exhibiting at the Association of Financial Mutuals Annual Conference  
  Wed, 10 Oct 2012 | Graeme Charters  
  OAC will be taking its regular space in the exhibition arena at this year's Conference which is being held at The Belfry on 16-18 October. Graeme Charters, a specialist in risk management, will be hosting a Solvency II workshop where he will be focussing on issues for Management surrounding the ORSA.  
  http://oacplc.com/insuranceconsulting/financialmutualservices  
     
  OAC Publication Q4/12: "Technical guidance to CP12/13: Transposition of Solvency II - Part 2"  
  Tue, 02 Oct 2012 | David Lechmere  
  With the issuing of CP12/13, the FSA is taking the next step towards aligning its existing Rules with those of Solvency II, especially in the light of its own transition to become the PRA and the FCA. At OAC we felt that it was necessary to provide some commentary about the changes because of their potential impact on firms and far reaching ramifications (beyond Solvency II requirements).  
  http://bit.ly/Su7rw4  
     
  OAC Publication Q3/12: "Technical guidance to CP12/10: Changes in rates of return for new business illustrations"  
  Tue, 24 Jul 2012 | David Lechmere  
  Following the recent publishing of CP12/10 covering various aspects of product projections and Statutory Money Purchase projections, this article focuses on Chapter 4 and the proposals to change the rates of return assumed in new business illustrations.  
  http://bit.ly/PSKm1E  
     
  OAC Publication Q1/12: "Technical guidance to PS12/04: Protecting With-Profits Policyholders"  
  Thu, 29 Mar 2012 | David Lechmere  
  This article sets out the main proposals in the Policy Statement, offers OAC's commentary on the proposals, and gives a checklist of things that firms have to do.  
  http://bit.ly/H340GO  
     
  Solvency II European Parliament vote is delayed until 10 September making January 2014 start date less likely  
  Thu, 29 Mar 2012 | Graeme Charters  
  For more information, please contact us.  
     
  FSA backs off from some controversial elements of With-Profits in new Policy Statement  
  Wed, 07 Mar 2012 | Graeme Charters  
  FSA has today published its long awaited Policy Statement on With-Profits: "PS12/4: Protecting with-profits policyholders". Following responses to CP11/05 the FSA has indicated that it is willing to reconsider some parts of its original proposal. We intend to publish an analysis of the Policy Statement next week. Let us know what you think.  
  http://bit.ly/xS2bHw  
     
  Financial Reporting Council publishes questions for Non-Executive Directors to ask Actuarial Function  
  Wed, 07 Dec 2011 | David Lechmere  
  See linked PDF document on the FRC website.  
  http://bit.ly/tPekdf  
     
  EIOPA consultation on the quantitative and qualitative aspects of reporting under Solvency II  
  Wed, 09 Nov 2011 | David Lechmere  
  EIOPA has issued a consultation on the quantitative and qualitative aspects of reporting under Solvency II. The precise impact of these proposals is hard to quantify as they will vary for each insurance firm, but it is advised to understand their potential significance sooner rather than later and to respond to EIOPA with comments by 20/01/2012. For more information, please contact David Lechmere.  
  http://bit.ly/svdTKG  
     
  EIOPA Consultation Paper on the Proposals for Guidelines on Own Risk and Solvency Assessment  
  Mon, 07 Nov 2011 | David Lechmere  
  EIOPA has today issued its "Consultation Paper on the Proposals for Guidelines on Own Risk and Solvency Assessment". Responses are due back to EIOPA by 20 January 2012. We at OAC are actively engaging with our clients in helping them draw up initial ORSA documentation pertinent to the nature, scale and complexity of their business. For more information, please contact David Lechmere.  
  http://bit.ly/sYMQxD  
     
  Further delays by FSA on CP11/05 and on communications to with-profits policyholders  
  Wed, 26 Oct 2011 | David Lechmere  
  At a seminar organised by The Actuarial Profession a speaker from the FSA stated that the Policy Statement relating to CP11/05, which had been expected in December, will not now appear before February 2012. The proposed consultation paper on communications to with-profits policyholders is likely to be delayed until the second half of 2012.  
     
  Solvency II: FSA expects implementation to be deferred from 1 January 2013 to 1 January 2014  
  Wed, 05 Oct 2011 | Christopher Critchlow  
  The FSA is keen to ensure that firms do not view this as a relaxation of the rules and that they maintain momentum in its implementation. There is no change for non-directive firms in that the FSA will consider its regulatory approach when there is greater clarity within the scope of the Directive. The FSA confirm that any proposals will be subject to its usual consultation process.  
  http://www.fsa.gov.uk/Pages/About/What/International/solvency/policy/index.shtml  
     
  Cautious welcome to QIS5 results Thu, 01 Sep 2011
  Cautious welcome to QIS5 results  
  Thu, 01 Sep 2011 | Christopher Critchlow  
  Christopher Critchlow, Chief Executive, comments in Intelligent Insurer.  
  http://content.yudu.com/A1scg4/IISummer2011/resources/8.htm  
     
  OAC Topical Article Q2/11: Protecting with-profits policyholders (FSA CP11/05)  
  Sat, 07 May 2011 | David Lechmere  
  This briefing note sets out the main proposals in the FSA Consultation Paper, offers OAC commentary on the proposals, and suggests how firms might respond to the specific issues arising.  
  http://oacplc.com/publications/oac-topical-article-0511ic.pdf  
     
  OAC Topical Article Q4/10: QIS5: Another step on the road to Solvency II  
  Tue, 07 Dec 2010 | David Gregson  
  As the deadline for FSA submission of the QIS5 exercise passes, the following is a brief walk-through of some of the highlights and issues emerging.  
  http://oacplc.com/publications/oac-topical-article-1110ic.pdf  
     
  OAC Topical Article Q3/10: Projection Rates used in Illustrations  
  Mon, 27 Sep 2010 | David Lechmere  
  In late October 2009 the FSA sent a letter to Compliance Officers concerning the rates to be used in illustrations required on sales of products covered by the Conduct of Business Sourcebook (COBS). The letter was sparked by an investigation conducted by the FSA into advice given on pension switching, particularly where cash funds were considered. However, these rules have much wider application and the FSA requires all firms to consider their compliance with the rules.  
  http://oacplc.com/publications/oac-topical-article-0910ic.pdf  
     
  OAC will be exhibiting at the AFM AGM and Conference in London on 18-19 October 2010  
  Wed, 22 Sep 2010 | Christopher Critchlow  
  The Association of Financial Mutuals (AFM) will be holding their first AGM and Annual Conference since the merger of the AFS and the AMI. As Associate Members of the AFM we are looking forward to the conference to discuss topical issues such as the future shape of regulation, Solvency II, financial modelling using Mo.net, actuarial function support (eg AFH and WPA appointments), investment complaint management, and resourcing support for short and longer term projects.  
  http://oacplc.com/insuranceconsulting  
     
  OAC Consultant is interviewed on BBC Radio 4 Money Box programme  
  Tue, 07 Sep 2010 | David Lechmere  
  David Lechmere, OAC Consultant Actuary, was interviewed on the Money Box programme on 4 September. David was asked for his views on an "innovative" new product which is intended to give homeowners an income from their home while providing a new source of capital for insurance firms.  
  http://news.bbc.co.uk/1/hi/programmes/moneybox  
     
  OAC Topical Article Q3/10: FSA With-Profits Regime Review - Not quite a gold star  
  Fri, 06 Aug 2010 | David Lechmere  
  The FSA has recently published its review of the With-Profits Regime. This review has been prompted partly by concerns raised by the Treasury Select Committee and other stakeholders, and partly by the FSA's own supervisory experience over the last few years. This article outlines the key messages from the FSA and the likely practical implications of these messages for firms.  
  http://oacplc.com/publications/oac-topical-article-0810ic.pdf  
     
  OAC draws upon its experience of Solvency II, ICAs and reverse stress testing for Infoline event  
  Fri, 06 Aug 2010 | Christopher Critchlow  
  Christopher Critchlow, OAC Chief Executive, will be speaking at Infoline's 4th Annual Stress Testing for Insurers Conference on 26 October 2010. With other high profile industry speakers we look forward to a really informative event.  
  http://www.informaglobalevents.com/event/InsuranceRisk  
     
  OAC will be presenting at Quilter's annual Friendly Society seminar on 14 May 2010  
  Mon, 19 Apr 2010 | Christopher Critchlow  
  Roger Comber, Practice Leader of Compliance Consulting, will be speaking at Quilter's annual seminar for Friendly Societies at Hampton Manor near Solihull on 14 May 2010. Roger's speech will be: "Regulation: Olympic issues for 2012 and beyond". Christopher Critchlow, Chief Executive, will also be giving a brief update on action required for Solvency II.  
  http://www.quilter.co.uk  
     
  OAC will be exhibiting at the Actuarial Profession's Health and Care Conference at The Celtic Manor Resort on 12-14 May 2010  
  Thu, 08 Apr 2010 | Christopher Critchlow  
  We are looking forward to a busy conference where we can demonstrate our full range of services and solutions. The health and care industry is facing some important challenges over the next few years, and OAC is ideally positioned to add real value to the operations of our clients.  
  http://healthandcare.actuarialevents.com  
     
  The Board for Actuarial Standards (BAS) decide not to issue a separate standard for actuarial information used in accounts and other financial documents  
  Mon, 29 Mar 2010 | Christopher Critchlow  
  BAS today published its response to its consultation paper on issuing a separate standard on actuarial information used for accounts and other financial documents. Many respondents to the consultation were concerned that the rationale for a separate standard was not strong enough, that there was insufficient content and that it could lead to unnecessary duplication with other standards. Accordingly BAS has decided not to progress its proposals in this area.  
  http://www.frc.org.uk/bas/publications/pub2257.html  
     
  Logo for Associate Members of the Association of Financial Mutuals  
  Mon, 22 Mar 2010 | Christopher Critchlow  
  OAC is pleased to include the new Association of Financial Mutuals logo within its communications. OAC was a founding Associate Member of the Association of Friendly Societies, which officially merged with the Association of Mutual Insurers on 1 January 2010.  
  http://oacplc.com/insuranceconsulting/friendlysocietyservices  
     
  OAC Focus Q4/09: The Actuarial Profession - Life Convention 2009 Edition  
  Thu, 11 Mar 2010 | Christopher Critchlow  
  It never ceases to amaze me just how much change there always seems to be in this industry. Last year we were going through one of the worst financial storms seen in 75 years or more. In the aftermath we are now going through a phase of regulatory consolidation at both a local UK and European level... [Click on link to read more]  
  http://oacplc.com/publications/fc1109lo.pdf  
     
  OAC Topical Article Q4/09: FSA's Dear CEO letter to Mutuals  
  Thu, 11 Mar 2010 | Christopher Critchlow  
  Mutual insurance companies and friendly societies should all have received a letter from the FSA setting out its views on various aspects of with-profits business. This article explains what the letter is saying and provides a brief commentary on its implications... [Click on link to read more]  
  http://oacplc.com/publications/ta1009ic.pdf  
     
 

 

Compliance Consulting

  Title Date
  OAC Publication Q2/13: Compliance News Roundup No.27 - FCA Edition  
  Mon, 17 Jun 2013 | Jackie Wright  
  This is the latest edition of our Compliance News Roundup, highlighting the regulatory developments related to the Financial Conduct Authority which have occurred during the last couple of weeks which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/27  
     
  OAC Publication Q2/13: Compliance News Roundup No.26 - PRA Edition  
  Tue, 28 May 2013 | Jackie Wright  
  This is the latest edition of our Compliance News Roundup, highlighting the regulatory developments related to the Prudential Regulation Authority which have occurred during the last couple of weeks which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/26  
     
  OAC Publication Q2/13: Compliance News Roundup No.25 - FCA Edition  
  Wed, 15 May 2013 | Jackie Wright  
  This is the latest edition of our Compliance News Roundup, highlighting the regulatory developments related to the Financial Conduct Authority which have occurred during the last couple of weeks which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/25  
     
  OAC Publication Q2/13: Compliance News Roundup No.24  
  Mon, 29 Apr 2013 | Jackie Wright  
  Welcome to the 24th edition of Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/24  
     
  OAC Publication Q1/13: Compliance News Roundup No.23  
  Thu, 21 Mar 2013 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/23  
     
  OAC Publication Q1/13: Compliance News Roundup No.22  
  Wed, 20 Feb 2013 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/22  
     
  OAC Publication Q1/13: Compliance News Roundup No.21  
  Thu, 31 Jan 2013 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/21  
     
  OAC Publication Q4/12: Compliance News Roundup No.20  
  Fri, 14 Dec 2012 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/SW7fFd  
     
  OAC Publication Q4/12: Compliance News Roundup No.19  
  Wed, 21 Nov 2012 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/UT8KI5  
     
  OAC Publication Q3/12: Compliance News Roundup No.17  
  Mon, 17 Sep 2012 | Jackie Wright  
  Welcome to our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/PzuP7p  
     
  OAC Publication Q3/12: Compliance News Roundup No.16  
  Mon, 20 Aug 2012 | Jackie Wright  
  Welcome to this edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/PxcOKL  
     
  OAC Publication Q3/12: Compliance News Roundup No.15  
  Tue, 17 Jul 2012 | Jackie Wright  
  Welcome to this edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/Q407IL  
     
  OAC Publication Q2/12: Compliance News Roundup No.13  
  Mon, 21 May 2012 | Conolly Tunnard  
  Welcome to this, the 13th edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients. We are in the midst of a very busy period from a regulatory viewpoint.  
  http://bit.ly/LjyHfE  
     
  OAC Publication Q2/12: Compliance News Roundup No.12  
  Tue, 24 Apr 2012 | Conolly Tunnard  
  Welcome to this, the first anniversary edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://bit.ly/J6Eptu  
     
  OAC Publication Q1/12: Compliance News Roundup No.11  
  Thu, 22 Mar 2012 | Conolly Tunnard  
  11th Edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://bit.ly/GF3MEh  
     
  OAC Topical Article Q1/12: "New post-RDR pension product illustration requirements (FSA PS11/14)"  
  Mon, 27 Feb 2012 | Conolly Tunnard  
  FSA published Policy Statement 11/14 towards the end of 2011 which sets out the changes that will be triggered after the RDR deadline. The proposed changes to pension illustrations have been necessary as a result of the RDR, and directly effects how the facilitating adviser charging is to be handled.  
  http://bit.ly/yUj8rp  
     
  OAC Publication Q1/12: Compliance News Roundup No.10  
  Fri, 17 Feb 2012 | Conolly Tunnard  
  10th Edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://bit.ly/xW0Txm  
     
  OAC Topical Article Q1/12: "Data Collection: Retail Mediation Activities Return and complaints data (FSA PS11/13)"  
  Fri, 03 Feb 2012 | David Lechmere  
  Jackie Wright comments on Policy Statement 11/13 which reports on the main issues arising from the previous associated Consultation Paper 11/8. She also comments on RDR-related exemptions from the new proposals.  
  http://bit.ly/AbMy6M  
     
  OAC Publication Q1/12: Compliance News Roundup No.9  
  Thu, 19 Jan 2012 | Conolly Tunnard  
  9th Edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://bit.ly/wT5uOM  
     
  OAC Publication Q4/11: Compliance News Roundup No.8  
  Wed, 21 Dec 2011 | Conolly Tunnard  
  Welcome to the eighth edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://bit.ly/v3WWj5  
     
  OAC Publication Q4/11: Compliance News Roundup No.7  
  Fri, 18 Nov 2011 | Conolly Tunnard  
  Welcome to the seventh edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://bit.ly/rP4gPj  
     
  OAC Publication Q4/11: Compliance News Roundup No.6  
  Thu, 20 Oct 2011 | Conolly Tunnard  
  Welcome to the sixth edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://oacplc.com/complianceconsulting/cnr/6  
     
  OAC Publication Q4/11: Compliance News Roundup No.5  
  Mon, 26 Sep 2011 | Conolly Tunnard  
  Welcome to the fifth edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://oacplc.com/complianceconsulting/cnr/5  
     
  OAC Publication Q3/11: Compliance News Roundup No.4  
  Thu, 25 Aug 2011 | Conolly Tunnard  
  Welcome to the fourth edition of our Compliance News Roundup service which highlights recent important regulatory developments and surrounding issues.  
  http://www.oacplc.com/complianceconsulting/cnr/4  
     
  OAC Publication Q3/11: Compliance News Roundup No.3  
  Fri, 22 Jul 2011 | Conolly Tunnard  
  Welcome to the third edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr/3  
     
  OAC Topical Article Q3/11: FSA feedback on product intervention (FS11/3)  
  Thu, 07 Jul 2011 | Conolly Tunnard  
  Conolly Tunnard comments on the FSA Feedback Statement FS11/3 which gives feedback on the responses generated by its earlier Discussion Paper on product intervention (DP11/1).  
  http://oacplc.com/publications/oac-topical-article-0711cc.pdf  
     
  OAC Publication Q2/11: Compliance News Roundup No.2  
  Wed, 29 Jun 2011 | Conolly Tunnard  
  Welcome to the second edition of our monthly Compliance News Roundup, highlighting the regulatory developments which have occurred during the last month which we think will be of interest to our clients.  
  http://oacplc.com/complianceconsulting/cnr2  
     
  OAC Publication Q2/11: Compliance News Roundup No.1  
  Tue, 31 May 2011 | Conolly Tunnard  
  Welcome to the first edition of our Compliance News Roundup which will be published every month. Our aim is to highlight recent important regulatory developments of which firms need to be aware, and to give pointers to any further reading which is relevant.  
  http://oacplc.com/complianceconsulting/cnr1  
     
  OAC launches monthly Compliance News Roundup  
  Tue, 31 May 2011 | Ed Grundon  
  We have pleasure in announcing a new complementary service from OAC. Our Compliance News Roundup will be published every month on our website and will contain a brief summary of important regulatory developments. Notification of future editions will be done by email, so please let us know if you would like to be on the mailing list.  
  http://oacplc.com/complianceconsulting/cnr1  
     
  OAC Topical Article Q2/11: FSA initiative on product design  
  Mon, 18 Apr 2011 | Conolly Tunnard  
  Conolly Tunnard comments on and explains the main features and direction being taken on product intervention by the FSA as explained in DP11/1.  
  http://oacplc.com/publications/oac-topical-article-0411cc.pdf  
     
  Consumer Protection and Marketing Authority is renamed to Financial Conduct Authority  
  Thu, 17 Feb 2011 | Conolly Tunnard  
  The Consumer Protection and Marketing Authority (CPMA), which is the working name for the new Conduct of Business regulator under the Government's "Twin Peaks" structure, is to be renamed. The name is to be the Financial Conduct Authority (FCA). It has also been announced that the FCA will have the powers to ban products and also notify investors of upcoming enforcement action against firms.  
  http://www.moneymarketing.co.uk/regulation/cpma-will-have-power-to-ban-products/1026300.article  
     
  OAC Topical Article Q1/11: FSA proposals on investment platforms  
  Thu, 10 Feb 2011 | Conolly Tunnard  
  Our latest Topical Article publication sets out OAC's comments on the FSA's proposals contained in Consultation Paper 10/29 on investment platforms as part of the RDR regime that it is enacting. Firms should be aware that they need to comment to the FSA by 17 February if they wish to do so.  
  http://oacplc.com/publications/oac-topical-article-0211cc.pdf  
     
  The role of European Supervisory Authorities (ESAs)  
  Wed, 22 Dec 2010 | Conolly Tunnard  
  FSA summarises the role of ESAs, including the impact on UK regulation.  
  http://www.fsa.gov.uk/Pages/About/What/International/european/esas/index.shtml  
     
  FSA justify RDR to Treasury Committee  
  Wed, 22 Dec 2010 | Conolly Tunnard  
  Hector Sants sets out the FSA's reasons for RDR in a letter to Treasury Committee.  
  http://www.fsa.gov.uk/pubs/other/andrew_tyrie_rdr.pdf  
     
  FSA has confirmed new deposit protection limit  
  Tue, 21 Dec 2010 | Conolly Tunnard  
  FSA publishes details of new deposit protection limit.  
  http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/181.shtml  
     
  OAC Topical Article Q4/10: Significant influence functions  
  Tue, 14 Dec 2010 | Conolly Tunnard  
  Conolly Tunnard explains the implications of the recent changes to the controlled function regime and their impact on firms and what they must do now.  
  http://oacplc.com/publications/oac-topical-article-1210cc.pdf  
     
  More information about High Court ruling on FOS limits  
  Mon, 22 Nov 2010 | Conolly Tunnard  
  Explanation of High Court ruling that disbars those that have accepted FOS award and pursuing the case further through the courts.  
  http://www.moneymarketing.co.uk/adviser-news/fos-decision-benefits-advisers-and-consumers/1021712.article  
     
  Important High Court ruling on complaints issue  
  Fri, 12 Nov 2010 | Conolly Tunnard  
  High Court rules on issue of seeking further compensation via the courts once Financial Ombudsman compensation accepted.  
  http://www.moneymarketing.co.uk/adviser-news/landmark-ruling-means-complainants-cannot-sue-in-addition-to-fos-award/1021434.article  
     
  OAC Topical Article Q4/10: Part 2: The Changing Regulatory Landscape  
  Tue, 12 Oct 2010 | Conolly Tunnard  
  Conolly Tunnard comments on the impacts the new emerging regulatory structure will have on firms.  
  http://oacplc.com/publications/oac-topical-article-1010cc2.pdf  
     
  OAC Topical Article Q4/10: Part 1: The Changing Regulatory Landscape  
  Tue, 12 Oct 2010 | Conolly Tunnard  
  Conolly Tunnard outlines the new regulatory structure being enacted by the Coalition Government.  
  http://oacplc.com/publications/oac-topical-article-1010cc.pdf  
     
  FSA publishes new proposals on Competence and Ethics  
  Mon, 07 Jun 2010 | Conolly Tunnard  
  As part of its RDR initiative, the FSA has published its latest thoughts on Competence and Ethics in CP10/12.  
  http://www.fsa.gov.uk/pages/Library/Policy/CP/2010/10_12.shtml  
     
  Payment Protection Insurance (PPI) set for sale ban  
  Mon, 17 May 2010 | Conolly Tunnard  
  Competition Commission seeks to ban sales of PPI at the time loans are granted.  
  http://news.bbc.co.uk/1/hi/business/10116339.stm  
     
  OAC Topical Article Q2/10: Treating Customers Fairly - A matter of transparency (health and care edition)  
  Thu, 06 May 2010 | Conolly Tunnard  
  In this article Conolly Tunnard, OAC Compliance Consultant, explores the issues of Treating Customers Fairly with protection-based contracts of insurance.  
  http://oacplc.com/publications/oac-topical-article-0510cc.pdf  
     
  Financial Services Authority consults on its new powers  
  Fri, 30 Apr 2010 | Conolly Tunnard  
  FSA Consultation Paper 10/11 "Implementing aspects of the Financial Services Act 2010" consults on the new powers given to the FSA.  
  http://www.fsa.gov.uk/pubs/cp/cp10_11.pdf  
     
  FSA takes action against banks over complaint handling  
  Thu, 29 Apr 2010 | Conolly Tunnard  
  This document explains the action the FSA is taking against the banks' failure to treat customers fairly in their handling of consumer complaints.  
  http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/074.shtml  
     
  What intensive supervision means for small firms  
  Wed, 24 Mar 2010 | Conolly Tunnard  
  The title says it all, really. This is the text of a speech given by Linda Woodall (Head of the Savings and Investments Department in the FSA's Small Firms and Contact Division) to the Association of Professional Compliance Consultants' London Forum earlier this month. I think it merits wider circulation.  
  http://www.fsa.gov.uk/pages/Library/Communication/Speeches/2010/0309_lw.shtml  
     
  FSA Financial Sector Outlook: Insurance Sector Digest  
  Wed, 24 Mar 2010 | Conolly Tunnard  
  Taking just five pages to outline the risks facing insurance companies in 2010, and a couple more on Solvency II, this digest is a readable and attractive alternative to the 88 pages of the FSA's full Financial Risk Outlook report. It gives a useful "heads-up" on some responses firms may be considering to current market challenges that, if pursued, may attract critical regulatory attention.  
  http://www.fsa.gov.uk/pubs/plan/sdg_ins.pdf  
     
  FSA Financial Sector Outlook: Retail Intermediaries Sector Digest  
  Wed, 24 Mar 2010 | Conolly Tunnard  
  The FSA published its annual Financial Risk Outlook for 2010 on 10 March. This less widely publicised digest is a summary of the risks that the FSA expects to face IFAs and mortgage advisers, amongst others. It is both a more manageable bedtime read than the full version, and useful as a pointer to the things that are likely to be on the minds of monitoring teams when they come calling.  
  http://www.fsa.gov.uk/pubs/plan/sdg_ri.pdf  
     
  OAC Topical Article Q1/10: The perils of holding a Controlled Function - FSA's latest moves on governance  
  Thu, 11 Mar 2010 | Conolly Tunnard  
  One of the causes of the crisis that hit the banking sector last year is widely alleged to be a lack of adequate governance within those institutions. It is therefore to be expected that the FSA is to be heard proclaiming the need for better governance in financial services firms, generally... [Click on link to read more]  
  http://oacplc.com/publications/ta0310cc.pdf  
     
 

 

Interim Resourcing

  Title Date
  Latest EIOPA impact study could stretch available resources for insurers  
  Fri, 08 Feb 2013 | Colette Lurshay  
  The technical specifications for the Long-Term Guarantee Exercise have now been published and insurers are being asked to complete this by the end of March. Recognising that actuaries are already stretched at this time of year, OAC can offer immediate, agile and short-term actuarial resource for any size of project.  
  http://www.theactuary.com/news/2013/01/impact-study-could-spell-further-delays-for-solvency-ii  
     
  OAC Advertisement Q4/12: "Actuarial Contractors: Your invitation to success"  
  Tue, 23 Oct 2012 | Colette Lurshay  
  OAC invites all contractors, actuaries thinking about contracting, and hirers of actuarial resource, to visit our exhibition stand at The Actuarial Profession’s Life Conference 2012 in Brussels between 4th-6th November, where you are sure of a warm welcome.  
  http://bit.ly/QDfODG  
     
  OAC Advertisement Q3/12: "Actuarial Contractors: The winning formula in 2012"  
  Mon, 20 Aug 2012 | Colette Lurshay  
  At OAC Actuaries and Consultants we are focussed on helping our contractors to be competitive in 2012 so that they can remain focussed on meeting their aspirations, both personal and professional. Across our leading consultancy business, our staff are committed to the highest of professional standards through constant innovation and to nurturing long-term relationships...  
  http://bit.ly/SIpyv1  
     
  OAC Advertisement Q2/12: "Actuarial Contractors: The winning formula in 2012"  
  Wed, 25 Apr 2012 | Colette Lurshay  
  We are focussed on helping our contractors to be competitive in 2012 so that they can remain focussed on meeting their aspirations, both personal and professional. Our vacancies cover a wide range of actuarial disciplines and all qualification levels, from student to senior actuary. Register with us today.  
  http://bit.ly/IbN7xs  
     
  OAC Advertisement Q1/12: "Actuarial Contractors: Are you ready to compete in 2012?"  
  Tue, 17 Jan 2012 | Colette Lurshay  
  2012 is an important year for a number of reasons but, perhaps most importantly to you as a contractor, it will mean meeting your aspirations, both personal and professional, and ensuring your competitiveness by using the agency that takes a real interest in helping you to achieve your goals. Get ahead in 2012. Get in contact with us today.  
  http://bit.ly/z9i11B  
     
  New vacancies for actuarial contractors  
  Fri, 28 Oct 2011 | Colette Lurshay  
  OAC contractors receive an excellent range of benefits including paid leave for CPD (terms apply) and full PI cover whilst working on OAC contracts. OAC is in frequent contact with hirers to make sure that any planned or expected actuarial interim resourcing requirements are immediately met when needed. The roles we have available change on a daily basis.  
  http://oacplc.com/interimresourcing/forcontractors/vacancies  
     
  OAC Advertisement Q4/11: "Actuarial Contractors: Time for Change?"  
  Tue, 20 Sep 2011 | Colette Lurshay  
  Is it time for change this autumn? Are you getting the most from your agency? OAC is the preferred choice for benefits and winning contracts. Here are some of our current roles (September/October 2011) for actuarial contractors.  
  http://oacplc.com/publications/ad1011ir.pdf  
     
  OAC Advertisement Q3/11: A refreshingly different service for actuarial contractors  
  Tue, 16 Aug 2011 | Colette Lurshay  
  Some of our latest roles (August/September 2011) for actuarial contractors. Contractors are quickly realising that OAC is the preferred choice for benefits and winning contracts. Experience the difference yourself and register your interest on our website today.  
  http://oacplc.com/publications/ad0911ir.pdf  
     
  OAC Advertisement Q2/11: A refreshingly different service for actuarial contractors  
  Mon, 23 May 2011 | Colette Lurshay  
  Some of our latest roles (June 2011) for actuarial contractors. Contractors are quickly realising that OAC is the preferred choice for benefits and winning contracts. Experience the difference yourself and register your interest on our website today.  
  http://oacplc.com/publications/ad0611ir.pdf  
     
  OAC Advertisement Q2/11: A refreshingly different service for actuarial contractors  
  Mon, 18 Apr 2011 | Colette Lurshay  
  Contractors are quickly realising that OAC is the preferred choice for benefits and winning contracts. Experience the difference yourself and register your interest on our website today. [Click on link to read more]  
  http://oacplc.com/publications/ad0511ir.pdf  
     
  OAC Advertisement Q2/11: A refreshingly different service for actuarial contractors  
  Mon, 21 Mar 2011 | Colette Lurshay  
  Contractors are quickly realising that OAC is the preferred choice for benefits and winning contracts. Experience the difference yourself and register your interest on our website today. [Click on link to read more]  
  http://oacplc.com/publications/ad0411ir.pdf  
     
  OAC Advertisement Q1/11: Flying high as an OAC contractor - A refreshingly different service  
  Fri, 11 Feb 2011 | Colette Lurshay  
  As an award-winning actuarial and financial services consultancy we pride ourselves on being different to other interim resourcing agencies. [Click on link to read more]  
  http://oacplc.com/publications/ad0111ir.pdf  
     
  OAC Advertisement Q4/10: Bringing contractors and hirers together  
  Fri, 17 Sep 2010 | Colette Lurshay  
  OAC is unique in the way it rewards and supports contractors. Contractors are quickly realising that OAC is the preferred choice for benefits and winning contracts. Register your interest today and experience the difference yourself. [Click on link to read more]  
  http://oacplc.com/publications/ad1010ir.pdf  
     
  OAC Advertisement Q3/10: Stay one step ahead as an OAC contractor  
  Tue, 22 Jun 2010 | Colette Lurshay  
  Urgently seeking nearly or newly qualified actuaries... [Click on link to read more]  
  http://oacplc.com/publications/ad0710ir.pdf  
     
  OAC Topical Article Q2/10: The future brightens for Actuarial Contractors  
  Tue, 11 May 2010 | Colette Lurshay  
  The latest quarterly labour market survey dated 29 April 2010 from the Chartered Institute of Personnel and Development and KPMG shows that the private sector jobs recovery is gathering pace... [Click on link to read more]  
  http://www.oacplc.com/publications/oac-topical-article-0510ir.pdf  
     
  OAC Advertisement Q1/10: Flying high as an OAC contractor  
  Thu, 11 Mar 2010 | Colette Lurshay  
  Through highly flexible and innovative working methods and practices, OAC is proud to operate on an extremely competitive fixed 10% margin, which is instrumental in successfully securing contracts for our contractors... [Click on link to read more]  
  http://oacplc.com/publications/ad0310ir.pdf  
     
 

 

Financial Modelling

  Title Date
  Case study: Mo.net financial modelling implementation at ExactVAL  
  Thu, 02 May 2013 | Nigel Gardner  
  OAC is pleased to publish a case study about the implementation of Mo.net at ExactVAL. For ExactVAL, Mo.net had a unique versatility which allowed it to deal with the inevitable complexities of a pension scheme and to build-in unusual probability calculations.  
  http://www.oac-mo.net/casestudies/exactval  
     
  Mo.net 6.2 now available Wed, 03 Apr 2013
  Mo.net 6.2 now available  
  Wed, 03 Apr 2013 | Darren Richards  
  The release of Mo.net version 6.2 represents another major step forward in financial modelling. Contact us for your demo.  
     
  Mo.net financial modelling appears in Insurance Risk's Solvency II Solutions Guide  
  Thu, 07 Feb 2013 | Darren Richards  
  For more information, please contact us.  
  http://bit.ly/14Um2ql  
     
  Nigel Gardner joins OAC's business development team for Mo.net Financial Modelling  
  Thu, 06 Dec 2012 | Darren Richards  
  Nigel joined the OAC business development team for Mo.net Financial Modelling in November 2012. He will be focussed on implementing the sales and marketing strategies for Europe and around the world, and ensuring that clients are always fully supported by Mo.net and OAC. Nigel has over 25 years' experience and expertise across the Financial Services and Insurance sectors, successfully assisting industry leading firms with the development and implementation of their business systems solutions strategies.  
     
  Mo.net financial modelling heads to Brussels  
  Fri, 02 Nov 2012 | Darren Richards  
  OAC is looking forward to making a big impression at one of The Actuarial Profession's premier annual events, the Life Conference and Exhibition, in Brussels between 4th-6th November. Mo.net financial modelling will feature heavily on our exhibition stand and we will be demonstrating its vast capabilities, especially forward-looking at a post Solvency II era.  
  http://www.actuaries.org.uk/events/residential/life-conference-and-exhibition-2012  
     
  Actuarial Software of the Year: Mo.net Financial Modelling shortlisted for final vote  
  Wed, 26 Sep 2012 | Darren Richards  
  Mo.net has been shortlisted in the Actuarial Software of Year category for the Actuarial Post Awards 2012. The Awards ceremony will take in London later this year following the final round of voting.  
  http://bit.ly/NYuBUI  
     
  PwC report: "Mo.net scored well with a significantly higher rating than the other [modelling] packages..."  
  Wed, 12 Sep 2012 | Darren Richards  
  In 2011 PricewaterhouseCoopers published a survey entitled "Delivering your model expectations" which surveyed the users of actuarial modelling systems in the UK Life sector. See link for full report.  
  http://pwc.to/NZn7rS  
     
  OAC publishes the latest details about its Mo.net Academic Partnership Scheme  
  Wed, 12 Sep 2012 | Darren Richards  
  Darren Richards, Head of Financial Modelling at OAC, has been speaking at the Actuarial Teachers' and Researchers' Conference. He announced the latest details about the Mo.net Academic Partnership Scheme. See following information pack.  
  http://oacplc.com/publications/oac-brochure-mo.net-academic-partnership.pdf  
     
  Major update to Mo.net financial modelling software  
  Wed, 01 Aug 2012 | Darren Richards  
  The latest version of Mo.net features many enhancements, focussed on improving both the user experience and extensibility with data sources and systems: new user interface similar to Microsoft Office products; enhanced parallel functionality for running financial projections on multiple computers; and enhanced model export functionality via DLLs for use in other business areas.  
  http://bit.ly/Nuq0j8  
     
  Published article "Solvency II: the final straw or the platform for a dynamic modelling approach?" in Actuarial Post  
  Thu, 26 Jul 2012 | David Gregson  
  David Gregson, Consultant Actuary at OAC, says it’s time to get back to basics. Solvency II should be used to assess what is essential for effective risk management to create a modelling solution fit for the future.  
  http://bit.ly/MJTFBu  
     
  Case study: Mo.net financial modelling implementation at Just Retirement  
  Thu, 12 Jul 2012 | Darren Richards  
  OAC is pleased to publish a case study about the implementation of Mo.net at Just Retirement. For Just Retirement, having an advanced, flexible modelling solution is important in maintaining a competitive edge, as well as dealing with increased regulatory requirements such as the implementation of Solvency II.  
  http://bit.ly/Mlb5BE  
     
  Published article "Unleash Your Model" in Actuarial Post  
  Wed, 25 Apr 2012 | David Gregson  
  Solvency II offers a launch pad for innovation in financial modelling systems. Can existing enterprise-wide models keep up with regulatory requirements and drive competitive advantage?  
  http://bit.ly/I190uB  
     
  Advance look at Mo.net 6.0 Wed, 26 Oct 2011
  Advance look at Mo.net 6.0  
  Wed, 26 Oct 2011 | Darren Richards  
  Mo.net 6.0 will be launched at The Actuarial Profession's Life Conference, 20-22 November 2011, in Liverpool (UK). Here are some of the new features and developments.  
  http://oac-mo.net/keyfeatures/#advancelookatmonet6  
     
  Mo.net 6.0: It does everything like nothing else  
  Wed, 26 Oct 2011 | Darren Richards  
  With its new updated interface, powerful modelling engine, and flexibility to meet all future financial modelling needs, Mo.net is now even further ahead of the competition. Mo.net 6.0 will be launched at The Actuarial Profession's Life Conference 2011. Visit us there, or contact us now to arrange a demonstration. See link for latest advertisement.  
  http://oacplc.com/publications/ad1111fm.pdf  
     
  OAC and Oracle work together for Solvency II solution  
  Thu, 13 Oct 2011 | Ed Grundon  
  OAC is an Oracle Gold Partner for the development of Solvency II modelling and data warehouse solutions.  
  http://oacplc.com/financialmodelling/solvency2  
     
  Launch of Mo.net financial modelling for Takaful products  
  Thu, 29 Sep 2011 | Darren Richards  
  We are delighted to announce Mo.net financial modelling for Takaful products, through Actuarial Partners in Kuala Lumpur, Malaysia.  
  http://www.actuarialpartners.com  
     
  Testimonial from CIG Pannonia Life Insurance  
  Tue, 16 Aug 2011 | Ed Grundon  
  "We are very satisfied with your software and we think we made the perfect choice with Mo.net when we were looking for actuarial software."  
  http://oac-mo.net/testimonials/index.cfm?id=63#fm63  
     
  Testimonial from National Friendly  
  Tue, 07 Jun 2011 | Ed Grundon  
  "We chose Mo.net for the following reasons: to develop a platform for modelling our business for Solvency II requirements; it is transparent, efficient, easy to use and understand, and extremely flexible; the excellent support provided by OAC in the development and maintenance; and the consultancy staff are very supportive, friendly and helpful. We are extremely pleased we chose OAC and Mo.net."  
  http://oac-mo.net/testimonials/index.cfm?id=62#fm62  
     
  Testimonial from Just Retirement Tue, 24 May 2011
  Testimonial from Just Retirement  
  Tue, 24 May 2011 | Ed Grundon  
  "We have found Mo.net to be powerful and flexible, enabling us to model the complexities of a full 'Solvency II'-type calculation, which is undoubtedly a difficult modelling challenge.  Both actuarial and IT staff have found the system straightforward to use, and it has integrated well with our other software.  Support for the system from OAC has been very good, with consultancy support helping us to use Mo.net's features to the full, and a high level of responsiveness from OAC to our feedback on the system."  
  http://oac-mo.net/testimonials/index.cfm?id=60#fm60  
     
  Testimonial from AHML Insurance  
  Tue, 24 May 2011 | Ed Grundon  
  "AHML Insurance specialises in the reinsurance of mortgage insurance contracts. We chose Mo.net because it gives us the ability to implement actuarial models for our very specific products. Mo.net is a powerful and flexible financial modelling tool capable of handling calculations for all our requirements."  
  http://oac-mo.net/testimonials/index.cfm?id=61#fm61  
     
  OAC Advertisement Q2/11: Mo.net financial modelling - Seeing is believing  
  Mon, 23 May 2011 | Darren Richards  
  Testimonials from AEGON UK, Ageas Protest, and Just Retirement. Mo.net's advanced technological platform enables users to develop the full range of stochastic asset and liability models required for Solvency II. Contact us to discover why a growing number of firms use Mo.net to replace or supplement their existing modelling systems.  
  http://oacplc.com/publications/ad0611fm.pdf  
     
  OAC Advertisement Q2/11: Mo.net financial modelling - After all, seeing is believing  
  Mon, 21 Mar 2011 | Darren Richards  
  Mo.net's advanced technological platform enables users to develop the full range of stochastic asset and liability models required for Solvency II. Contact us to discover why a growing number of firms use Mo.net to replace or supplement their existing modelling systems. [Click on link to read more]  
  http://oacplc.com/publications/ad0411fm.pdf  
     
  OAC Advertisement Q4/10: Solvency II doesn't have to be a struggle  
  Fri, 22 Oct 2010 | Christopher Critchlow  
  OAC Actuaries and Consultants are committed to helping firms deliver Solvency II. We provide a comprehensive range of actuarial support and interim resourcing services as well as the powerful dynamic financial modelling capability firms will need using Mo.net.  
  http://oacplc.com/publications/ad1110fm.pdf  
     
  OAC Advertisement Q3/10: Solvency II needs your attention  
  Mon, 23 Aug 2010 | Darren Richards  
  OAC Actuaries and Consultants are committed to helping you meet all your Solvency II requirements. We have developed a suite of interactive and dynamic asset, liability and capital aggregation models in Mo.net to help make your QIS5 modelling and Solvency II implementation as smooth as possible. With Mo.net you can rest assured that you will have all the power, speed and flexibility you would expect from a state-of-the-art modelling system... [Click on link to read more]  
  http://oacplc.com/publications/ad0910fm.pdf  
     
  OAC Present Infoline Workshop on Solvency II Internal Models  
  Sun, 01 Aug 2010 | Darren Richards  
  Members of the OAC modelling consultancy team recently presented a one-day pre-conference Infoline workshop on Internal Models for Solvency II. The day was well received by all attendees. For a demonstration of OAC's Solvency II models using Mo.net or to discuss your Solvency II requirements then please contact darren.richards@oacplc.com.  
  http://www.oac-mo.net  
     
  OAC Advertisement Q2/10: Solvency II in Full HD  
  Wed, 19 May 2010 | Christopher Critchlow  
  OAC Actuaries and Consultants are helping firms make the switch to Solvency II with financial modelling, consultancy and interim resourcing support. See how our Mo.net QIS5 model helps you create a sharper picture of all the capital risks facing your business.  
  http://oacplc.com/publications/ad0610fm.pdf  
     
  OAC Topical Article Q2/10: Advances in spreadsheet modelling - Managing the risk  
  Tue, 11 May 2010 | Darren Richards  
  This article discusses the trade-off between the flexibility of spreadsheet modelling and the increased risk and lack of audit which could occur when overextending spreadsheet models.  
  http://www.oacplc.com/publications/oac-topical-article-0510fm.pdf  
     
  Mo.net at the Actuarial Profession's Health and Care Conference on 12-14 May 2010  
  Fri, 07 May 2010 | Darren Richards  
  OAC will be demonstrating Mo.net financial modelling software to the actuarial health and care community at this year's venue for the Ryder Cup, The Celtic Manor Resort in Wales.  
  http://www.oac-mo.net  
     
  Mo.net to get WPF face lift Tue, 16 Mar 2010
  Mo.net to get WPF face lift  
  Tue, 16 Mar 2010 | Darren Richards  
  The next major release of Mo.net due in late 2010 will include interface features that take advantage of Windows Presentation Foundation (WPF). WPF is the next generation presentation system developed by Microsoft and will enhance the experience of using Mo.net.  
  http://www.oac-mo.net  
     
  Mo.net user newsletter announced Wed, 17 Feb 2010
  Mo.net user newsletter announced  
  Wed, 17 Feb 2010 | Darren Richards  
  Due to the significant increase in Mo.net users during 2009, the OAC team will publish a bi-monthly newsletter to share new Mo.net developments and usage tips with the expanding user group. First edition will be published early March 2010 and will be emailed to all licenced users.  
  http://www.oac-mo.net  
     
  Mo.net RSS feed launched Mon, 08 Feb 2010
  Mo.net RSS feed launched  
  Mon, 08 Feb 2010 | Darren Richards  
  OAC today launched the Mo.net financial modelling software RSS feed. This will allow users of Mo.net and interested potential clients to receive real-time information on Mo.net plans, usage, business wins and product launches.  
  http://www.oac-mo.net  
     
  Mo.net listed on InsuranceERM website  
  Mon, 08 Feb 2010 | Darren Richards  
  Mo.net has now been listed on the industry-leading website InsuranceERM amongst other Solvency II modelling software. We wish to thank Peter Field and the team at InsuranceERM for allowing us to highlight Mo.net's abilities and power for Solvency II implementations on such an esteemed site.  
  http://www.insuranceerm.com/analysis/financial-and-risk-modelling-software-moves-into-qualitative-areas.html  
     
 

 

Outsourcing Solutions

  Title Date
  The assessment and redress of Payment Protection Insurance complaints  
  Tue, 24 Aug 2010 | Christine Rose-Williams  
  FSA Policy Statement PS10/12 gives firms involved in PPI business until 1 December 2010 to put their house in order by adopting the new rules in the FSA Handbook.  
  http://www.fsa.gov.uk/pages/Library/Policy/Policy/2010/10_12.shtml  
     
  More than GBP150 million in redress but further industry action needed as FSA updates on pension switching  
  Mon, 12 Apr 2010 | Christine Rose-Williams  
  In updating the thematic review findings published in 2008, the FSA warns that whilst some firms have made positive progress there is still room for improvement in the quality of pension switching advice. Citing that some firms had not embraced the need for change, and some have taken no or little remedial action, the FSA sends a clear warning that past sales reviews must be conducted objectively.  
  http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/063.shtml  
     
  The assessment and redress of payment protection insurance complaints - FSA publishes 2nd Consultation Paper  
  Wed, 17 Mar 2010 | Christine Rose-Williams  
  Consultation Paper CP10/6 reflects industry and consumer feedback received on CP09/23. The closing date for responses to CP10/6 remains 22 April 2010.  
  http://www.fsa.gov.uk/pages/Library/Policy/CP/2010/10_06.shtml