Consumer Risk Metrics was a cross practice Working Party shared by Risk and Life, and it's aim is to develop a simple and easy to understand risk metric that will allow consumers to understand risk in a consistent way. It closed in February 2019.
By way of analogy, the Representative Annual Percentage Rate (APR) introduced a great deal of consistency in the way in which interest rates and returns have to be quoted. This working party will consider the various factors involved in developing a metric and review the work of other working parties.
Consumer Risk Metrics is a cross practice Working Party shared by Risk and Life.
Outputs:
- A presentation at Life Conference 2016
- A survey of consumers has been undertaken via YouGov in October 2017
- A presentation at the Risk in Life One Day Workshop on 6 February 2018
- A Final paper published in January 2019
Chair: | Jane Hitchcox |
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Membership: | 8 |
Established: | 2015 |
Related documents
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Guidance for Member-Led Research Working Parties
9 November 2017
Contact Details
If you want more information about this research working party please contact the Communities Team.
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