One of the biggest concerns for the international life insurance sector is keeping up with the speed of regulatory changes.
Speaking at International Adviser‘s Fund Links Forum on 17 October 2019, David Kneeshaw, chief executive of RL360, said that one of the biggest challenges is clarity and understanding regulation.
Mentioning the Isle of Man code of business conduct and the UAE’s BOD49 as examples, he said that such changes take time, work IT and commitment, which might force financial advisers to rethink their business models.
