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Implement wp reform now says FSA

It is critical that companies begin immediately implementing the
FSA&#39s new with-profits reforms, according to FSA director of
insurance firms division David Strachan.

Speaking at the Insurance Reporting and Regulation conference in
London this week, Strachan said an immediate priority for firms
should be to consider the FSA&#39s Principles and Practices of Financial
Management requirements.

The rules stipulate that boards and senior management must make
the ultimate judgements about actuarial aspects of their with-profits
busines

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