Good news about goodwill

Q. I am puzzled by some of the comments on goodwill - is it an issue?

Your comments are perfectly valid. If you have not made a recent acquisition, and are not relying upon goodwill as an asset on your balance sheet, then it is not an issue.

Looking at the bigger picture, and stating the obvious, brokers will fall into two categories, those who have the problem, and those who do not. We can safely park the ones without, as it would be reasonable to assume that those in that category would not now make a purchase without ensuring that the structure of the deal was

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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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