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Version date: 16 May 2022 - onwards
  Version 2 of 2    

Appendix 1: Retail financial products (effective from 16 May 2022)

For the purposes of this Code, the following are deemed to be retail financial products:

1. Life Assurance

- Life insurance policies of the classes specified in Schedule 2 to the European Union (Insurance and Reinsurance) Regulations 2015 and life insurance policies of the classes specified in Part A of Annex I of the European Communities (Life Assurance) Framework Regulations 1994, including:

- temporary assurance policies;

- whole of life policies;

- life assurance savings and investment policies;

- tracker bond policies;

- permanent health insurance policies;

- industrial assurance business [as defined in Regulation 3 of the European Union (Insurance and Reinsurance) Regulations 2015] policies.

2. Pensions

- occupational pension schemes whose liabilities are fully secured by one or more contracts of assurance;

- personal pension plans;

- personal retirement savings accounts (PRSAs);

- additional voluntary contributions (AVCs) whose liabilities are fully secured by one or more contra

Comparing proposed amendment...