A quarter of firms likely to miss Solvency II deadline

deadline

Most insurers expect to be ready for the reporting and disclosure requirements of Solvency II by the end of the year, however a significant minority will struggle to meet to deadline, a survey by financial adviser Grant Thornton has found.

The survey of senior insurance executive's views on Solvency II Pillar 3 requirements found that 77% of respondents expect their firm to be ready for Solvency II reporting and disclosure requirements

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MPs demand answers surrounding FOS CEO’s exit

The Treasury select committee has written to both the Financial Conduct Authority and Financial Ombudsman Service about the circumstances which surrounded the departure of CEO and chief ombudsman, Abby Thomas, last week.

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