Andrew Sheen
Former regulator and director, AJ Sheen Consulting
Andrew is best known for the 8 years he spent at the UK regulator, firstly in the FSA and subsequently at the PRA. Andrew was manager of the Operational Risk Policy Team before moving to head the team responsible for providing Operational Risk subject matter expertise to supervisors. Andrew also represented the UK on the BIS Operational Risk Working Group and the EBA Operational Risk Working Group. After the PRA Andrew became Head of Operational Risk Use and Embedding at HSBC and subsequently Head of Operational Risk Regulatory Risk Management a Credit Suisse.
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Articles by Andrew Sheen
The tax timebomb
The decision by Royal Berkshire’s pension fund to conduct a longevity swap is an atypical action in a sector whose sky-high equity allocations and lack of risk awareness have seen the UK’s Local Government Pension Scheme plummet into the red over the…
Future planning
Deloitte and Credit Suisse have made particularly strong showings in Life & Pensions’ third annual insurance rankings, after a long and difficult year in which insurers have been busily preparing for the implementation of Solvency II. Andrew Sheen reports
Health kicks
The US pension sector is having to cope not just with the increased cost of retirement provision but also the attendant healthcare obligations many schemes are under – liabilities that must now be accounted for upfront. Andrew Sheen reports
Pension fund of the year - PKA
Danish pension fund PKA uses a Solvency II-inspired internal model to fine-tune its risk management approach. Andrew Sheen reports
Pension rankings 2009
In a year of hectic volatility on the markets, Deutsche Bank has held its top position in this publication's pension rankings - but it is all change in the consulting category. Andrew Sheen reports
Fit to size
The one-size-fits-all approach of Solvency II's standard formula has left insurers with a dilemma. Should they use a standard model that is not appropriate to their business strategy, or opt for an internal model that is expensive and time-consuming for…