FCAs long term review into AI and retail financial services


Sheldon is leading a long-term review into AI and retail financial services, reporting to the FCA Board in the summer with recommendations to help the FCA continue to play a leading role in shaping AI-enabled financial services.AI is already shaping financial services, but its longer-term effects may be more far-reaching. This review will consider how emerging uses of AI could influence consumers, markets and firms, looking towards 2030 and beyond.

DyGIST 2026: testing your readiness

The Prudential Regulatory Authority (PRA) has confirmed that the Dynamic General Insurance Stress Test (DyGIST) will start in May 2026. This isn’t the first stress test the PRA has carried out, but this time the difference is clear in the name – it will be dynamic. Firms will deal with a 'live' exercise spanning three weeks, requiring insurers to react as they would in real life, dealing with an evolving event and responding to queries from the regulator in real time. Equally, the PRA is using this exercise as an opportunity to test its own processes in dealing with a stress event.

New year renewed focus Construction Professional Indemnity

As we step into a new year, many of us are setting fresh objectives – both personal and professional. For those operating in the Construction Professional Indemnity (PI) space, this is an ideal moment to sharpen your approach to contractual risk management. Why? Because robust risk controls don’t just protect your business – they can also help secure better insurance terms and demonstrate to clients that you’re serious about governance.

FCA Firm Checker campaign – Seal the deal

 

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

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