Description: A committee chaired by former Prime Minister, Sir Harold Wilson, has published its findings from a study on the functioning of British financial institutions and their value to the economy. This article reports on five of the report's topics that are of special interest to actuaries.

Description: Part 3 of a 3 installment series dealing with the Moss Oversight Committee dealing with sales disclosure for life insurance products

Description: This editorial notes that a letter, appearing in this issue of The Actuary,’ may not be alone in maintaining that the vagaries of our regulatory system handicap companies to the point that United States policyholders get poorer value for their premium dollar than do those in other countries.’ The article goes on to discuss guaranteed surrender values, the state regulatory system in the U.S and other topics in addressing this question.