Ailo slams EU over Priips ‘quick fix’ approach
The trade body representing international life offices has blasted the European Commission’s (EC) handling of the controversial Priips regulation, delayed last week until January 2018.
AILO
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Over 20 EU states call for one-year delay to Priips roll out
Twenty-three countries in the European Union have backed a 12-month delay to the introduction of the controversial Priips legislation, following a landmark rejection of its regulatory technical standards (RTS) by the European parliament (EP) last week.
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Ailo calls Priips veto a ‘bloody nose’ for the EU
The European Commission has finally been given a “bloody nose”, says the head of the trade body for international life offices, Alan Morgan-Moodie, referring to the European parliament’s decision on Wednesday to overwhelmingly reject the standard for implementing the upcoming controversial Priips regulation.
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Priips is a ‘monster with Hydra-like tendencies’, says Ailo
A ‘first’ for the EU Parliament ECON Committee took place on 1 September, says Ailo’s chief executive Alan Morgan-Moodie in an update on ‘what next for Priips?’.
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Life industry transformation just beginning, says Ailo’s Pain
As the Association of International Life Offices (Ailo) prepares to celebrate its 30th anniversary, chairman Bob Pain talks about the trade body’s development, how it is embracing technology, and the headlines driving transparency.
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Efama blasts Priips document as ‘not fit-for-purpose’
Europe’s main asset management trade body has slammed the new consumer information requirements for those selling packaged retail and insurance-based investment products as a “danger” to investors.
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EC must remove ‘nightmare’ Priips clause, says AILO
The Association of International Life Offices (Ailo) has called on the European Commission to abandon a clause in the upcoming Priips regulation that will require fund manufacturers to provide KIDs on open-architecture bonds.
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Life Trends: Industry flux opens opportunities for new players
Regulation, technology and the rapidly changing lifestyles of consumers is ushering in a period of unprecedented flux within the life industry, creating a rich seam of opportunity for new players.
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Panama papers fallout: the industry reacts
The offshore financial advisory, wealth management and life office sectors should remain unharmed by the “uninformed hysteria” surrounding the Panama Papers, industry reaction has suggested.
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Future perfect 2: Industry leaders predict the next 10 years
In part two of our leading lights series covering views from across the financial services industry on how the next ten years will pan out, we focus on the chairmen and chief executives of the international life offices. As we celebrate reaching 10 years at International Adviser, we range across eight seasoned executives – see…
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AILO elects Bob Pain as chairman
The Association of International Life Offices (AILO) has elected Bob Pain as its new chairman after Nils Liljeberg chose to step down.
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AILO slates claim int’l life companies complicit in UCIS sales
The Association of International Life Offices (AILO) has criticised a claim that life companies are complicit in the distribution of unregulated investment schemes.