Ecj Annuities

WR Financial Question Time March 2011 - YouTube
WR directors, Graham Laverick, Tony, Slimmings and Vicky Harrison discuss the topical financial issues. This edition includes answers to questions on annuities, the ECJ ruling ... View Video

Canada Life Annuity Business
On 1 March 2011 the European Court of Justice (ECJ) upheld the Advocate General’s opinion. This means that with effect from 21 December 2012 insurers will not be Joint life annuities with a male first life are also likely to ... Get Document

Insurance And Reinsurance
European Court of Justice prohibits the use of gender in risk factoring When is excess reinsurance triggered? False documents are ahazard in more ways less certain in the case of annuities, where benefits continue to be paid after 21 December 2012. ... Retrieve Content

Trustee Fixed Term Investment Lan FactsheetFactsheet Changes ...
The ecJ ruling will make a dramatic impact on the way annuities are calculated. i n turn, this presents a great opportunity for you to review, and have a discussion with, your clients. it’s now more important than ever to fully capture and ... View Doc

Insurance Update. - Linklaters - Global Law Firm
On 1 March 2010, the European Court of Justice published its much-anticipated decision in the case of “Test-Achats” signalling an end to the use of gender annuities are generally more expensive to secure for women (because they ... Access Doc

Why Are They Used And What Would Be The Implications Of ...
Following a European Court of Justice ruling (ECJ) on 1 March 2011, insurers will Conversely, annuities would be very attractive at this price to 65 year olds who would only pay for 16.1 years of expected payments but who would expect to ... Read Here

Panel 1: Implementation Issues
ECJ’s intention and Gender Directive’s aim to prevent sudden readjustment of the market Parties’ rights and obligations fixed and exhausted at the time the contract is concluded. Annuities: up to 8% benefits reduction for men (and dependants), ... Retrieve Doc

Insurance Gender Agenda Outlawed The Decision Background
The ECJ upheld the Advocate General’s earlier opinion, namely, The cost of annuities will inevitably rise. Men currently benefit from higher annuity rates as they have a lower life expectancy, however, prohibiting the use of this statistic ... View Document

Legislation And Regulation
• ECJ ruling on Belgian annuities European Court of Justice’s judgment in the Belgian annuities case (mentioned above). Bluefin Corporate Consulting Ltd March 2011 . Title: Microsoft Word - Update - Legislation and Regulation - March 2011a.doc ... Access Full Source

Financial Services Authority And The Financial Reporting Council
ECJ European Court of Justice FRC Financial Reporting Council FSMA Financial Services and Markets Act 2000 (as amended) KFI Key Features Illustration LPI Limited Price Indexation OBR Office for Budget Responsibility annuities, as it understates longevity. ... Fetch Full Source

Grahame H J Turner B.Sc. LLM (Tax) FCA CTA RESEARCH
Examination and analysis of the ECJ’s case law relevant to Direct Tax to deduce Article: Pricing of annuities by reference to gender and actuarial table: an infringement of the principle of equal treatment or an expression of that principle? – ... Return Doc

383 Tech Brief 26
(ECJ) ruled that the use of gender as a risk factor should not result in different premiums/benefits between men and women. between gender specific or gender neutral annuities whilst privately purchased annuities must be priced on a gender neutral basis. ... Access Document

HM Treasury Consultation: UK Response To The 1 March European ...
March European Court of Justice ruling that insurance benefits and premiums after 21 December 2012 should be gender-neutral. Annuities provided under money purchase occupational pension schemes are however in a different position. ... Get Content Here

JOHN TILEY: REVENUE LAW, 6 2009-2011 SUPPLEMENT
ECJ decisions include Rüffler v Dyrektor Izby Skarbowej we Wrocławiu Ooerodek Zamiejscowy w Wałbrzychu (Case C-544/07) [2009] STC 1464 on Articles 18 and 39 denying a deduction for annuities from rental income was held to breach Article 63. ... Fetch Content

NEUDTG Newsflash 2011 - 005 Germany - Perpetual annuity
Centro Equestre and Conijn, the ECJ stated that such expenses have to be deductible in the source State (Germany). As a consequence, sec. 50 para. 1 sentence 3 ITA is not applicable any more and non-residents are entitled to deduct perpetual annuities paid for ... View Doc

European Court Of Justice Ruling Hits Insurance Premiums
European Court of Justice (ECJ) ruled that it would, in future, be unlawful for EU member states to use gender as a factor in For annuities and other types of insurance policies (such as life assurance and critical illness cover) ... Retrieve Doc

Gender-neutral Insurance - Home - Ernst & Young - United States
• Fixed-term annuities could become more popular, as the short-term nature of these will mean little gender differential. • Sales of enhanced annuities, purchased in conjunction with a fixed-term annuity product, are likely to ... Get Doc