Findings reveal a sorry state of affairs

The findings of the latest review of the sale of payment protection insurance (PPI) by the Financial...

The findings of the latest review of the sale of payment protection insurance (PPI) by the Financial Services Authority (FSA) makes sorry reading for anyone involved in this industry.

The FSA has made it clear the outcome it is expecting, as identified in previous PPI reports. So why has so little progress been made? Are some firms waiting for the report and resulting recommendations following the Competition Commission's enquiry, before taking any action to address shortcomings in the way PPI is

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Biba 2024: FCA to take its time on transparency proposals

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator was “overwhelmed” at the response and amount of feedback to its transparency proposals, and that it is going to “really take our time” when considering any possible next steps.

FCA warns on Tempcover clone

The Financial Conduct Authority has issued a warning of fraudsters trying to scam people by pretending to be short-term car insurance specialist broker Tempcover including on TikTok.

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