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Broker

FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

Ghost broking victims almost double in 2025

The number of victims of motor insurance ghost broking scams leapt by 93% in 2025, according to analysis by Synectics Solutions, as it called for greater cross-organisation intelligence sharing.

Bexhill report shines spotlight on broker ownership

Premium finance lender Bexhill UK has crunched the numbers on the broking sector, with CEO Ravi Takhar warning that truly independent owner-managed regional brokers are slowly becoming ‘a thing of the past’, Insurance Age can reveal.

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