Related provisions for COBS 20.1.4
1 - 3 of 3 items.
A Solvency II firm which is subject to contractual terms providing for payments under a capital instrument included in that insurer'sown funds, must:(1) manage any with-profits fund so that discretionary benefits under a with-profits policy are calculated and paid, disregarding, insofar as is necessary for its customers to be treated fairly, any requirements in such contractual terms whether or not they are absolute, contingent or at the discretion of the firm; and(2) disclose