On 6 October 2014, the PRA published a consultation paper setting out proposed changes to its policyholder protection rules. The proposals aim to enhance UK compensation scheme (FSCS) rules. The new rules are expected to come into force in July 2015. Key proposed changes include increased compensation limits (from 90% to 100%) for certain types of insurance products (e.g. annuities) and claims (e.g. those arising from death or incapacity). Responses are invited by 6 January 2015.