Aviva completes £900m bulk annuity deal & more…Keep up with what has been happening this week in our latest actuary news round-up…

Hiscox promotes Craig Martindale to Group Chief Actuary

Specialist re/insurer Hiscox has promoted Craig Martindale to the role of Group Chief Actuary, subject to the relevant regulatory consents.

FCA to ease rules for Stock Exchange listings

Rules for companies seeking to list on the London Stock Exchange will be streamlined in a bid to stop them departing for overseas markets.

Aegon launches three new guides on implementing Consumer Duty

Three key areas – how advice firms are demonstrating value, supporting consumer understanding and evidencing and monitoring good outcomes. Alongside insights into what advised customers see as key areas of value.

FRC consults on revision to actuarial standards in the pensions sector

The Financial Reporting Council (FRC) has today published a consultation to revise Technical Actuarial Standard 300 (TAS 300) and introduce Technical Actuarial Standard 310 (TAS 310), aimed at ensuring the actuarial standards in relation to pensions remain relevant and reflect developments in the pension industry.

Aviva completes £900m bulk annuity deal with Thomas Cook

Aviva has completed1 a £900million bulk annuity buy-in transaction with the Trustees of the Thomas Cook Pension Plan (the Plan).