Brexit provides opportunity to overturn ‘dreadful’ Solvency II
Leaving the EU will mean that the UK can abandon the “absolutely dreadful” Solvency II regime, the former head of the civil service told MPs.
Lord Turnbull, who served as a non-executive director at Prudential for almost a decade, said the industry could be more competitive with less regulation.
Insurers have had to stage a costly
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