Redress Calculations

Regent are experts in Redress calculations involving the vast array of products and compliance issues that have come under the microscope in the last few years.

We have been involved since the inception of the first major business complaint review-the SIB Pension Review, through FSAVCs, and the Endowment Review. We are also involved with Split Caps and Pension Draw Down, With Profits, Contract-Out, PPI, and Guaranteed Income Bonds. As actuarial calculators we have used many of the numerous industry analysis systems and tools available, as well as our own constructed spreadsheets to model client scenarios and output reports. We are expert calculators and auditors capable of scaling up and down on behalf of clients to provide an insource or outsource resource on scale if required.

Regent have handled case sizes from the one off individual case on behalf of small companies to the tens of thousands of cases on behalf of major providers.

Our functionalities and capabilities take into account:

• Calculations - any basic principles
• Complex cases and any issues
• Practical redress issues
• Analysis of calculations software needs
• Data requirements
• Processing and Workflow Management
• Calculation auditing and trail
• Optimising of systems
• Legislative, regulatory and analytical updates
• Verification testing of calculation software
• Output report requirements
• System construction
• Consultancy
• Compliance and complaint handling issues

If you have any Redress calculation issues or require further information please contact us on 0845 8800 227 or complete the Enquiry Form.