Funding our future
This report discusses the impact of demographics on the investment management industry. It looks at how a growing population, with greater life expectancy, creates substantial new assets to manage but also magnifies the problem of the long-term savings gap. We discuss the nature of the challenge, the hurdles to overcome, and the implications for the investment management industry.
Through working with data centric organisations who understand the value and potential opportunities with data, we have seen tremendous growth and interest in the use of analytics in Internal Audit.
Getting to grips with the new regime
In the wake of the global financial crisis, regulation and supervision have become integral components of banks’ strategies and business models.
Europe’s Retail Banking Model Under Threat
Faced with the challenges of the financial crisis and re-regulation, retail bankers are distracted from the threat of the ‘de-banked consumer’. But banks’ core competitive advantages are being eroded – and they face some tough choices if they are to stay competitive in the digital age.
2016 Financial Services M&A Predictions
This year’s Financial Services M&A Predictions report explores the key drivers of M&A activity going forward, specifically, market disruption and technology; consolidation and growth; and regulatory change.
Cleared for takeoff
The most visible innovations in the financial services industry are platform-based, data intensive and capital light. Each of the five innovation clusters has major implications for incumbents and their customers and for the overall financial services ecosystem.
The digital revolution is felt to be a threat by many in the insurance industry, especially following the increase of innovative new entrants and the rapid rise of comparison websites. Insurance disrupted focuses on nine applications of digital technology that could have the greatest potential to disrupt general insurance over the next ten years.
One year on from the start of the Single Supervisory Mechanism (SSM), the European Central Bank (ECB) has made significant progress in developing and embedding its supervisory approach. In May our paper ‘Getting to grips with the new regime’ explored the issues arising during this period of change, in this paper we take a longer term view.
2016 Hot topics for IT internal audit in financial services
In this paper we explore the key planning priorities that internal audit departments should be covering in 2016.
Market consistent embedded value review
The European insurance industry is in a period of transition as it wrestles with regulatory change and significant challenges as a result of the political and economic environment. Our latest report on embedded value reporting of European insurers reviews the 2014 results and highlights the strategic choices open to insurers about how they choose to report to the market in the future.
Top 10 for 2015
There are grounds for cautious optimism that 2015 has the potential to be a turning point.
Senior Insurance Managers Regime
On 26 November 2014 the Prudential Regulation Authority (“PRA”) and Financial Conduct Authority (“FCA”) each published a consultation paper (“CP”) on the overhaul of the Approved Persons Regime (“APR”) for insurance and reinsurance firms in the UK including branch undertakings.