PRA defends Part VII cost hike

The proposal would see the cost of portfolio transfers increase by 300% in some cases


Just's sales surge despite regulatory challenges

Bulk annuity markets provide boost to UK life insurer


UK to reduce longevity deal reporting burden

But PRA says firms must report on basis risk


Australian commission hauls insurers over coals for poor conduct

Industry acknowledges failings and vows to change


UK regulator demands greater focus on silent cyber risk

Prudential Regulation Authority shares views after surveying UK market


MPs grill Rule and Woods on equity release, ethics and Brexit

The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report


PRA should oversee UK actuarial profession

Kingman report recommends scrapping of Financial Reporting Council


UK not the only loser from Brexit, say insurance regulators

UK and Irish regulators lay out priorities for 2019, with Brexit at top of the list


PRA and FCA confirm SMCR extension for insurers

The SMCR previously only applied to the banking sector


PRA provides more clarity on equity release mortgages

But UK regulator also makes important concessions in policy statement