Batten down the hatches

The Risk and Regulation Advisory Council has been promoted as a more practical approach to risk management but, as Paul Lang asks, will it encourage the public to prepare for the worst-case scenario?

From the foot-and-mouth outbreaks in August and September of last year to the summer floods, or the fall of Northern Rock, public confidence over the government's handling of critical events has dropped over recent years. This is due to the fact that its perceived knee-jerk solutions have failed to meet modern public expectations, often inflating initially small risks, such as Northern Rock, into a full-blown crisis. Conversely, the government complains of disproportionate public reactions, and

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FCA adds four more S166s to sector

The Financial Conduct Authority has slapped the general insurance and protection sector with another four skilled person reports as the crackdown continues.

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