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Permitted Links for Long-Term Insurance Business |
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November 2007
Permitted links for long term insurance business
Large amounts of money are invested in unit linked investment funds every year. Yet, these investments used to be subject to a regulatory regime that has been implemented in 1994 and has not substantially changed until recently. With Policy Statement 07/17 "Permitted links for long term insurance business" the Financial Services Authority (FSA) decided to completely revamp the permitted link regime and updated the classes of assets which are allowed as investments in unit linked contracts.
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