Collaboration is at the heart of what we do. Our Working Groups consist of representative members of the industry, concentrating on a stream of work relating to the development, implementation or maintenance of Standards.
SaGE is the Governance body that advises on the Programme that delivers Criterion’s Business Plan.
Providing detailed Governance of the evolution of Criterion Standards.
The STAG will work within the business scope of the PSG and will complement the PSG by providing the technical strategy for business projects.
Management of the evolution of the Criterion Common Declarations for the benefit of the industry.
This project will develop and deliver data integration (API) Standards for processes relating to the management of model portfolios made available on Investment Platforms by Discretionary Fund Managers (DFMs).
The purpose of the ERASGG is to manage the evolution of Criterion’s API Standards in the Equity Release market for the benefit of all participants. Membership of the Group is open to all Licence Holders.
Development Project to develop Standards to support the Letter of Authority fulfilment process.
The Process & Standards Group approved the development of Standards to support the Mid Term Changes process; these were delivered at Draft Final in January 2020, following which market stakeholders confirmed an appetite to develop Standards for Quotations and associated processes, including rate review.
This Group will allow the sharing of best practice on Occupation Codes List implementation with all interested parties and provide a forum for open and appropriate communications for organisations implementing v3.0.
Project to effectively re-baseline the understanding shared by Criterion and its stakeholders of the broad process landscape of today’s intermediated retail and corporate markets, with the aim of providing a robust and renewed foundation for future work. This folds in 2 previously identified potential projects: Adviser Journey and Evolution of the Protection market.
This group will collaborate to define and agree the approach for adding support for Enhanced Critical Illness and Enhanced Children’s Critical Illness to the Quotes New Business Protection Standard.
This Group will collaborate to agree a standard mechanism for providers to inform advisers of policy and possibly client-related events, in time for mitigating action to be taken.