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News review: April

Ablett leads healthcare MBO Former Groupama managing director Tim Ablett spoke of "an opportunity t...

Ablett leads healthcare MBO

Former Groupama managing director Tim Ablett spoke of "an opportunity thatwas just too good to turn down" after leaving the French insurer tomastermind the management buyout of Royal & Sun Alliance's healthcare andassistance operations.

Mr Ablett was part of the team that set up the unit in 1997 before leavingto join Groupama - as was Steve Wood, currently the managing director ofthe operation.

Brokers expect attrition

A hard-hitting survey on the UK broking market found

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Why The Mills Review is the AI starting pistol for brokers

Most coverage of The Mills Review, published on 6 July, has focused on what it does not do. There is no new AI rulebook, no new obligations and nothing specific to implement. But that somewhat misses the point, writes Robin Knowles, compliance consultant at UKGI.

FCA headcount rises to 5,510

The Financial Conduct Authority grew group headcount from 5,379 to 5,510 its report and accounts for the year ended 31 March 2026 has revealed.

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