The Financial Services Compensation Scheme (FSCS) has estimated the levy on financial services firms for 2012/13 will be £221m, up from £217m in April 2011.
Regulation | 03 Feb 2012
The Financial Services Authority (FSA) has requested £578.4m in funding for 2012/13, a 15.6% increase on this year.
Regulation | 02 Feb 2012
Concerns over the implementation of the gender ban in insurance pricing have been raised by the All Party Parliamentary Group (APPG) on Insurance and Financial Services at a recent meeting.
Regulation | 01 Feb 2012
The Jackson reforms will not be implemented until April 2013, the government has announced.
Regulation | 31 Jan 2012
AA Insurance has called on the government to take “decisive action” before homes in flood-prone areas of the UK become uninsurable.
Broker | 31 Jan 2012
Hector Sants, chief executive of the Financial Services Authority (FSA), claims he was talked into taking the job and that he would never let the former management of RBS work in finance again.
Regulation | 31 Jan 2012
The Financial Services Compensation Scheme (FSCS) spent nearly £400m on management expenses in the 2010/11 year as it took in nearly £1bn in levies and paid out over £535m in compensation.
Regulation | 30 Jan 2012
The Financial Conduct Authority (FCA) needs to make better, bolder, faster decisions and will not lie back and let financial markets run themselves.
Regulation | 27 Jan 2012
Zurich has been granted Chartered Insurer status by the Chartered Insurance Institute (CII).
Insurer | 26 Jan 2012
Phil Bird has been appointed full-time director of the Insurance Fraud Bureau (IFB) on a six month secondment.
Insurer | 25 Jan 2012
Jack Straw has vowed to fight on in his bid to reform the UK motor insurance market despite his Motor Insurance Regulation Bill hitting the wall.
Regulation | 24 Jan 2012
Jubilee has called upon government and regulator to address the uncertainty surrounding regulation of payment protection insurance (PPI) in order to let the industry grow.
Insurer | 24 Jan 2012
Direct Line and Churchill have been hit with a £2.17m fine by the Financial Services Authority (FSA).
Regulation | 18 Jan 2012
Jack Straw has called on the industry, particularly insurers, to do much more to reform the private motor market or face further government intervention.
Insurer | 17 Jan 2012
The Financial Ombudsman Services (FOS) has revealed that the number of payment protection insurance (PPI) cases it received increased to 30,301 in the final three months of 2011.
Regulation | 17 Jan 2012
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