FSA revises rule change on with-profits compensation – OUT-LAW.com

Posted February 27th, 2009 in financial regulation, news by sally

“New rules preventing life companies from using surpluses held in with-profits funds to meet compensation costs will only apply to policies sold after the rules come into force, the Financial Services Authority (FSA) announced this week.”

Full story

OUT-LAW.com, 26th February 2009

Source: www.out-law.com