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Networks are not necessarily the answer.

Another day, another network. And the carrot most seem to be dangling is compliance with the forthco...

Another day, another network. And the carrot most seem to be dangling
is compliance with the forthcoming Financial Services Authority
regime.


Join our network, they claim, and we will take control of your compliance
issues. Indeed, some of these networks are so confident that they want to
take regulatory responsibility for members they attract.


For many brokers this may seem the ideal solution. After all, you have
enough to do without having to take up the regulation gauntlet. And, you
might argue

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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.

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Aviva responds to Direct Line’s £10.6m fine

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PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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