Financial Conduct Authority (FCA)
Opinion: Branko Bjelobaba on why there are no excuses for getting renewal transparency wrong
If brokers can’t get renewal transparency right, what else are they getting wrong? Branko Bjelobaba asks
FCA outlines PI threat in FSCS review
Watchdog says plans supported on compensation limits and funding classes but respondents outlined concerns over proposed clampdown over how investment firms buy PI cover.
FCA issues warning on broker clone
The regulator warned about fraudsters using details of authorised companies to scam customers.
Blog Spot: Two sets of claims statistics
Spoiler alert – this blog contains statistics.
Quizzical questions: 20 April 2018
Test your knowledge of the week's news with our topical quiz.
FCA data reveals huge surge in PPI complaints
Increase in second half of 2017 coincides with launch of advertising campaign, starring Arnold Schwarzenegger, to publicise claims deadline.
Podcast: The top 5 stories of the week
Siân Barton and Ida Axling take a quick flight over this week's most popular articles.
FCA renewal transparency rules driving customer switching
Data shows drivers and homeowners who switch provider could save up to £100 a year as analysts say new rules are encouraging customers to shop around.
FCA to look at dual pricing
Regulator details the need for firms to "further improve both competition and their standards of treatment for existing customers" in its Business Plan for 2018/19.
Brexit to cost the FCA £5m in 2018/19
Regulator increases annual funding requirement by 3.2% to £543.9m.
FCA reveals Brexit-focused Business Plan
Regulator pledges focus on EU withdrawal and promises to publish interim findings on wholesale broking and current work on the value of the distribution chain.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning look behind the headlines.
Brokers warn against cutting corners on renewal transparency
Firms advised not to take the regulator's message lightly.
“No excuse” for renewal transparency failings
Brokers urged to heed the latest “shot across the bows” from the FCA.
FCA goes on attack against "unacceptable" renewal failings
Regulator warns general insurance firms after widespread failings to comply with new rules on renewal transparency.
FCA reviewing if Aviva share cancellation plan broke market abuse rules
CEO Andrew Bailey sends letter to MPs.
FCA publishes Supervision and Enforcement documents
Regulator aims to provide transparency on its thought process and decision-making.
Biba wants Senior Managers Regime date for brokers "as soon as possible"
Trade body's David Sparkes welcomes the FCA's proposal that smaller firms will move automatically to the new regime.
Blog: Is insurance under-fined?
John Byrne of regulation experts Corlytics controversially argues that brokers could see worse from the regulator and says the market should learn from the “painful lessons” in banking.
News analysis: Brokers welcome IDD delay
UK brokers did not know what the rules would look like until January this year
CBL Insurance placed in interim liquidation in New Zealand - reports
New development does not impact CBL Insurance Europe, which was stopped from writing new business earlier this week.
Podcast: The top five stories of the week
Emmanuel Kenning and Ida Axling discuss the key points from the week's news.
Quizzical questions: 23 February 2018
Test your knowledge of the week's news with our topical quiz.
Cyber hacks reported to FCA by financial firms hit 69 in 2017
FCA figures show that cyber incidents reported by general insurance firms went up from 1 to 11 in just 12 months.