Q&A: Ann Muldoon, Friends Life, Solvency II programme director

Evolution, not revolution

Ann Muldoon at Friends Life

Life & Pension Risk: How has Friends Life approached Solvency II implementation?

Ann Muldoon: We have a large Solvency II programme, a material component of which is a finance systems development piece. We inherited that work from the heritage Axa business [Resolution acquired Axa’s UK life and pensions business in June 2010]. After the acquisition we extended that to integrate the financial reporting systems across Friends Life. Following this we now have largely one actuarial model and one

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