DAC Beachcroft
Legal - IMD2: Mediation directive is up for grabs
The Insurance Mediation Directive is set to be superseded. James MacNish Porter says now is the time to give the EU your input.
Legal - Compensation Claims: Seeing sense on compensation culture
The law regarding risk perception, negligence, responsibility and compensation is about to undergo a massive overhaul, writes Andrew Parker.
Upping FOS compensation could ruin small brokers
The Financial Services Authority's (FSA) proposal to increase the maximum level of Financial Ombudsman Service (FOS) compensation to £150,000 may force small brokers out of business, legal experts have warned.
Legal: Social media do’s and don’ts
Facebook, Twitter and LinkedIn are valid tools for public-facing communications, though their ubiquity and ease of use present some dangers, writes Emma Bate.
Power Hour: Driving forward
This month's roundtable grapples with the factors holding the motor market back and asks what measures need to be taken for it to return to profitability.Liz McMahon reports.
Legal - Retirement regulations: Retirement age heading for the horizon
Changes to the age of compulsory retirement will have an impact on brokers and their clients. Alex Lock looks at potential financial implications and risks to consider.
Beachcroft calls FSA’s PPI policy statement ‘very bad news’
Law firm Beachcroft has criticised the FSA’s policy statement on payment protection insurance.
Legal - Client money: the FSA belatedly bares its teeth
The moribund Financial Services Authority has been busy enforcing client money regulations, issuing large fines. Brokers are advised to keep their houses well in order, writes Mathew Rutter.
Reportage - SME aggregators: See you later, aggregator?
As issues of trading SME business through the aggregator channel are brought to light, Edward Murray asks whether it is too complex a sector to ever be successfully sold in bulk.
Biba publishes liability guidance for brokers
The British Insurance Brokers’ Association (Biba) has launched a new publication that aims to clarify the issue of limitation of liability for brokers when advising clients.
Aggregator market set to shrink, claims Beachcroft
According to solicitors Beachcroft, the aggregator market will either dissolve or consolidate within three years and consumers will have the choice of only a "handful of aggregators".
Law firm claims more companies may fight FSA decisions
Mathew Rutter, financial services partner at law firm Beachcroft, said: "The FSA has told firms to "be afraid", and now we know why."
Brokers professional indemnity: Covering your back
There is growing evidence that clients left unsatisfied by their insurance payouts are blaming brokers. Liz McMahon explores likely sources of litigation and how brokers can protect themselves