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Searching for: researcher is "investment & life assurance group (ilag)"

Surveys listed in reverse order of publication date

Results 1-15 of 18. Go to page: 1  2  
Jump to : Jan 2005  Sep 2004  Jul 2004  May 2004  Mar 2004  Oct 2003  Aug 2003  Jul 2003  Jun 2003  May 2003  Apr 2003  Mar 2003  Oct 2002

Response to first report of the Pensions Commission
Response to the Pensions Commission
Investment & Life Assurance Group (ILAG)
Jan 2005 United Kingdom Pension Reform
The group has a number of comments relating to the Report. In particular, it says that whilst it realises the remit did not specifically include State pensions, it feels that their interaction with private provision is key and it has therefore included comments on the State system in itsr response.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jan 2005 or click here (this link will not work in all circumstances). For further information about Perspective click here.

B32823A0   Click here to contact the authors.
 
Projections review – The case for change
Response to the Retail Investments Policy Department
Investment & Life Assurance Group (ILAG)
Sep 2004 United Kingdom Regulatory Bodies (excl. tPR)
The group says projections play an essential part in financial decision making for many consumers. At the same time, FSA research has shown that consumers are confused with the information that is currently provided. It is vital that improving consumer understanding is a central aim of any projection review. This means looking at user friendly information formats and removal of jargon from Key Facts documents.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

4D2631BB   Click here to contact the authors.
 
FSMA 2 Year Review: Financial Ombudsman Service
Response to the Ombudsman Stakeholder Review Secretariat
Investment & Life Assurance Group (ILAG)
Sep 2004 United Kingdom Regulatory Bodies (excl. tPR)
The group is supportive of the concept of a speedy informal dispute resolution service that is free to customers. It also wants FOS to be independent of both the industry and FSA and to consider cases only on their merits. Nevertheless, it says the way FOS goes about its task could be improved and the group thinks that that improvement can be achieved without any amendment to FSMA

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

C1263015   Click here to contact the authors.
 
A basic advice regime for the sale of stakeholder products
Response to FSA consultation
Investment & Life Assurance Group (ILAG)
Sep 2004 United Kingdom Regulatory Bodies (excl. tPR)
The group has serious concerns as to progressing along the route envisaged, given the potential for large amounts of consumer detriment. Although not explicit, it would appear that the consumer's right to go to FOS means that firms must accept responsibility for the simplified advice given by their salesmen. The group says this seems at odds with the aim of simplified selling which is that the customer accepts the responsibility for his decisions.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Sep 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

BD2629BB   Click here to contact the authors.
 
A practitioner perspective
Survey of members about the FOS
Investment & Life Assurance Group (ILAG)
Jul 2004 United Kingdom Regulatory Bodies (excl. tPR)
According to this research, industry practitioners have a supportive and constructive view of the role of the FOS. It is generally perceived to be independent. although it was felt there should be closer liaison between the FOS and the FSA. Whilst rulings are generally considered to be fair, there is concern about inconsistency in rulings between cases. It is also noted that a growing workload is a major factor in poor timeliness.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F2248521   Click here to contact the authors.
 
Financial Services and Markets Act two year review
Response to consultation
Investment & Life Assurance Group (ILAG)
May 2004 United Kingdom Investment - General

The researcher says it does not feel that CABs should provide advice on specific products, adding it is important that consumers have access to guidance by appropriately qualified and trained personnel within CABs. However, it says any guidance should not stray into regulated activities.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

F92367AD   Click here to contact the authors.
 
CP04/3 Reforming Polarisation: A menu for being open with consumers
Response to consultation
Investment & Life Assurance Group (ILAG)
May 2004 United Kingdom Investment - General

The researcher says the overall premise of the consultation seems to be that, if the proposals are implemented, most consumers will be happy to shop around as a result. This is the view of the OFT but the researcher is far from convinced that it will be the case in reality. It predicts that if consumers are not happy with what is on offer from their usual intermediary they will not buy anything at all.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

FD2366DF   Click here to contact the authors.
 
Simplifying the taxation of pensions: the Government’s Proposals
Response to the proposals
Investment & Life Assurance Group (ILAG)
Mar 2004 United Kingdom Pension Reform, Taxation
In this submission, the group voices a number of concerns and requests for clarification covering areas including the Lifetime Limit, the Implementation Date, Mechanics of Transitional Protection, Registration, Information and Reporting Requirements, Codes of Practice, Information Obligations, Investment Rules etc.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Mar 2004 or click here (this link will not work in all circumstances). For further information about Perspective click here.

78225538   Click here to contact the authors.
 
Response to CP 188 – Clarification and revision of financial promotion Rules and Guidance
Response to CP188
Investment & Life Assurance Group (ILAG)
Oct 2003 United Kingdom Regulatory Bodies (excl. tPR)
This response maintains that the position of investors in structured growth products needs equal treatment. It is in this area that there are differing standards within the industry at the moment and the researcher feels this balance needs to be redressed. It is pleased to note that the SCARP definition includes growth products but is disappointed that the actual proposals for the provision of the FSA Fact sheet information specifically exclude growth products.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

CF18383B   Click here to contact the authors.
 
CP 185: The CIS sourcebook – a new approach
Response to CP185
Investment & Life Assurance Group (ILAG)
Oct 2003 United Kingdom Regulatory Bodies (excl. tPR)
This response supports the new proposals, particularly harmonisation between authorised unit trusts and ICVC's. The researcher recognises the benefits of flexibility in fee charging and supports the introduction of performance fees in addition to other charging methods. It says the short form reporting process will greatly enhance the relevance of communication between the Authorised Fund Manager (AFM) and the investor.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

561837D8   Click here to contact the authors.
 
Equality and Diversity: Age Matters Consultation
Response to Equality and Diversity: Age Matters
Investment & Life Assurance Group (ILAG)
Oct 2003 United Kingdom Regulatory Bodies (excl. tPR)
This response points out that although the consultation paper does refer to the economic cost of forcing into retirement people who are still capable and willing to continue working, it does not address the pension benefit aspects. It also notes that although the intention to remove age discrimination is to be welcomed, there are a number of practical issues which the researcher says must be fully considered in connection with group risk benefits.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Oct 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

7B183662   Click here to contact the authors.
 
With-profits governance and the role of actuaries in life insurers
Response to the Policy Statement in respect of CP 167
Investment & Life Assurance Group (ILAG)
Aug 2003 United Kingdom Regulatory Bodies (excl. tPR)
While the group generally welcomes the proposals, as now amended, there are several areas where it is unhappy about the final outcome as set out in the Policy Statement. It's main concern is the new requirement that with-profits actuary should not be a Director of the Firm, saying that this goes far beyond the proposals in the Consultation paper and should be the subject of fresh consultation.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Aug 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

87167152   Click here to contact the authors.
 
Standardising Past Performance
Response to CP 183
Investment & Life Assurance Group (ILAG)
Jul 2003 United Kingdom Regulatory Bodies (excl. tPR), Investment - Performance

The researcher feels that the current Rules and Guidance in the Chapter 3 of COBS concerning the use of past performance are sufficiently stringent to prevent abuse. It is concerned that the increase in regulation could be anti competitive and, when home state regulation is in place, could result in companies leaving the UK to set up in other EU counties, thus weakening the overall strength of the UK’s financial services industry.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jul 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

C11529B4   Click here to contact the authors.
 
Draft Perimeter Guidance on Activities Related to Pensions Schemes
Response to CP179 - The Authorisation Manual
Investment & Life Assurance Group (ILAG)
Jun 2003 United Kingdom Regulatory Bodies (excl. tPR), Legislation
This response to the FSA's Consultative Paper CP179 looks at trustees' obligations under the proposals and makes a number of suggestions for amending or clarifying these. The main comments cover the removal of fund managers, switching under unit-linked policies, investments which hold non-traded securities and conflict between Myners and regulatory compliance.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

3F152814   Click here to contact the authors.
 
Response to Sandler “Stakeholder Products" consultation
Response to consultation paper “Proposed product specifications for Sandler stakeholder products”
Investment & Life Assurance Group (ILAG)
May 2003 United Kingdom Investment - General

ILAG strongly believes that over-complex Conduct of Business regulation has led to a decline in the amount of long term saving undertaken in Britain. It agrees with the aims expressed in the paper of providing a simple low cost and risk controlled suite of products that could be subject to simpler regulation.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> May 2003 or click here (this link will not work in all circumstances). For further information about Perspective click here.

DC1357AA   Click here to contact the authors.
 

Results 1-15 of 18. Go to page: 1  2  
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