Actuarial Systems Transformation - A project set up to rationalise and streamline the Group's actuarial systems, models and processes into a single actuarial modelling platform that is state of the art, scalable and able to meet our future demands.
The framework of customs, policies, procedures, laws and institutions influencing the way a corporation or company is managed.
The UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment.
Financial Services Authority - From 1 April 2013 the responsibilities of the Financial Services Authority have been split into two bodies, the Financial Conduct Authority and the Prudential Regulation Authority.
Open Ended Investment Companies - A type of company or a fund in the UK that is structured to invest in other companies with the ability to adjust constantly its investment criteria and fund size.
Retail Price Index excluding mortgage interest payments – Official measure of the general level of inflation as reflected in the retail price of goods and services.
Total Shareholder Return – The total return of a stock to an investor (capital gain plus dividends).
World Wide Fund for Nature