With-Profit Simplification
Date/Time
Date(s) - 18/07/2023
5:45 pm - 8:00 pm
Location
Grant Thornton
Categories
Summary: While the concept of profit participation lives on in various forms, a large volume of existing with-profits business sits in funds that were closed to new business long ago and are going through a managed decline. Products can be complex to manage. Policies are typically managed on outdated administration systems with no online access, while consumers are used to the flexibility and transparency of more modern products. Regulators want to see that firms can demonstrate that they have good customer outcomes at heart of their strategy.
In this presentation we explore how product simplification, rationalising or fund transformation can deliver better outcomes for consumers and funds which are less complex to manage.
Presenter: Alan Newton (Grant Thornton), Cath Gavin (Grant Thornton), Rebecca H(Independent)
Date/Time: 18 July 2023/arrive at 5:45pm for a 6:00pm start. Networking opportunity with drinks and nibbles will follow the event.
Duration: 1 hour
CPD category: General
How to register: Please complete registration form below.
Bookings
Bookings are closed for this event.