Ailo names Simon Willoughby as proposition executive
As the international trade association begins ‘to roll out some exciting plans’
As the international trade association begins ‘to roll out some exciting plans’
Meeting regulatory requirements has been challenging for many sectors – not least life insurance
Managing director of Acuity Consulting
As in-house product oversight and governance risks accusations firms are ‘marking their own homework’
‘Like Spinal Tap, we’re taking it up to 11,’ says Simon Willoughby
Life companies based in the EU counting on the UK dependent territories to help them to continue servicing existing UK policyholders need to think again, warns Acuity Consulting’s Simon Willoughby.
The hits keep coming for the life sector as Europe’s second biggest insurer, Axa, announces a shift from Life & Saving business to Property & Casualty.
After his unexpected departure from Utmost, Simon Willoughby is back and bringing Acuity Consulting with him. Ahead of the launch, he sat down with International Adviser to talk about his return to consultancy.
Senior industry figure Simon Willoughby, head of proposition at Utmost Wealth Solutions, has been made redundant following an internal restructure.
Life companies should better vet their advisers rather than hide behind the Law of Agency and claim they are not involved in any mis-selling that occurs, says Simon Willoughby, head of proposition at Utmost Wealth Solutions.
Some form of state-provided consumer protection covering financial products is needed to overcome the “advice gap” in the UK, says Simon Willoughby, head of Proposition for Axa Wealth International.
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.