Financial Conduct Authority (FCA)
The Financial Conduct Authority is the conduct regulator for 59,000 financial services firms and financial markets in the UK and the prudential supervisor for 49,000 firms, setting specific standards for 19,000 firms.
News analysis: Mind the knowledge gap
Insurance education shortfall revealed by FCA creates opportunity for brokers
ABI hits out at FSCS fee proposals
Biba says brokers should not be worse off and calls again for a separate funding class.
FCA publishes fresh FSCS consultation
Regulator reveals proposals on moving protection intermediaries into the general insurance class, the Lloyd’s contribution, and fees to those dealing with unrated insurers.
PPI complaints on the rise following FCA advert, says the FOS
Two-year campaign encourages customers to act before complaints deadline in August 2019.
Insurance Cares: 50% of financial consumers could be vulnerable
Research from the FCA’s Financial Lives report reveals scale of vulnerability as it shows vulnerable customers are less likely to have “any form of insurance”.
Complaints hit 3.32m for first half of 2017
PPI still makes up the majority of complaints to financial services firms.
Quizzical Questions: 20 October 2017
Test out your market knowhow with our weekly quiz.
Broking break: Your Top Five
A telematics deal, Stackhouse Poland's financial results, CII's sale of Aldermanbury, the 2017 Broker Apprentices and an FCA survey make up the most read stories of this week.
FCA survey reveals gaps in consumer insurance knowledge and take-up
Regulator publishes findings of its largest research pool with UK consumers.
The productivity gap
Biba’s Steve White argues that the heavy burden of regulation is stifling productivity for brokers.
Opinion: Applying the new regime
With the Senior Managers and Certification Regime set to be applied next year, Mike Cranny guides you through the main elements involved and advises you not to panic
Insurance Cares: Insuring customer journeys
Eric Leenders of UK Finance explains how developments in how banks help vulnerable customers prove that the insurance sector can achieve the same outcomes.
The Blog Spot: It’s right to raise awareness ahead of PPI termination date
Arnold Schwarzenegger is being paid a lot to warn people that the deadline for claiming PPI is fast approaching and Siân Barton agrees awareness should be raised.
Broking break: Your Top Five
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Quizzical questions: 1 September 2017
Test your knowledge of the week's news with our topical quiz.
Arnold Schwarzenegger to front FCA's ad campaign on PPI deadline
The Terminator actor will urge people to make a decision about filing a PPI complaint.
Insurance Cares: Biba calls for signposting
Biba’s Graeme Trudgill explains why signposting is a key element of helping vulnerable customers access insurance.
Broking break: Your Top Five
Marmalade, the Financial Conduct Authority, Gable and Moneysupermarket.com hit the headlines this week, with new products, regulation updates, return payments and a fine.
Quizzical questions: 28 July 2017
Test your knowledge of the week's news with our topical quiz.
Biba tells brokers not to panic about the senior management regime
Head of compliance and training David Sparkes says brokers who are compliant with current rules won't see many difficult changes.
FCA proposes to extend the senior management regime to more firms
Under the proposals almost all regulated firms, including brokers, will have to comply with the senior management and certification regime.
#Insagepeople: 24 - 30 July 2017
Keep up to date with the latest people moves.
FCA publishes IDD plans
Regulator continues its consultation on how to implement the Insurance Distribution Directive.
Firms' Brexit contingency plans may lead to difficulties, says FCA
CEO Andrew Bailey states firms making plans before knowing the outcome of Brexit negotiations may find themselves in a difficult situation.