Regulation
Broker conflicts are not properly managed, says FCA
Regulator looked into seven of the largest firms serving small business customers.
Editor's letter - May 2014
“To me it all still adds up to good news. Growth opportunities are there but will be hard won”
Light at the end of the FSCS levy tunnel for brokers?
Industry opinion split over long-term trend after unexpected levy reduction
Ranting and raving about regulation
Tony Cornell asks why motor traders are not regulated when they sell a £30,000 car but a small add-on insurance product is deemed to be a case of mis-selling
FCA investigating Towergate over sales processes
Regulator looking into whether deficiencies caused customer detriment.
FSCS expected to cover "vast majority" of Eric customers' claims
Scheme working with Eric resolution board to assess position of UK policyholders.
Market welcomes news of FSCS levy reduction
Biba pleased with FSCS announcement while brokers take a more cautious approach.
Brokers' FSCS levy reduced by £24m for 2014/2015
FSCS chief says reduction reflects PPI claims trend.
Positive outcome for FCA review into home and travel claims
Watchdog is likely to recommend no rule changes in the area.
Shot in the foot
The FCA has had a rough couple of weeks.
FCA to move HQ to Olympic Park
Watchdog says move represents good value for its fee-payers.
FCA bans and fines Astbury Wren chief exec over "severe failings"
David Wren used over £600,000 in premiums for the firm's own use.
Deputy editor’s letter - April 2014
“The FCA has got brokers guessing as to how this will impact their selling practices, not to mention their back pockets”
AccessBI probe leaves brokers in limbo
Uncertainty surrounds the consequences of FCA investigation into troubled managing general agent
Brokers predict “casualties” after FCA add-on findings
Loss of add-on revenue could lead to bigger brokers snapping up struggling firms
FCA to investigate commercial claims
Regulator reveals series of planned reviews in new business plan.
FCA bans and fines broker £7,200
Watchdog warns that Philip Eley "poses a serious risk to consumers and to confidence in the financial system".
Regulator costs soar by 24%
New regulators must demonstrate more value for money, says NAO.
Besso confirms watchdog's corruption control fine
London market broker slapped with £315,000 fine.
Besso hit with £315,000 FCA fine
London market broker punished for bribery and corruption controls.
Biba to consult members over FCA add-on review
Trade body welcomes "sensible" first step.
Editor’s letter - February 2014
“There is no doubting the sincerity of the IBSC wanting to have a positive impact. But questions have been raised about the clarity of the objectives”
Brokers bemoan further FSCS levy rise
Industry increasingly despondent as Biba labels FSCS protest a “rear-guard action”
Brokers confused by trade body launch
Industry welcomes launch of Insurance Brokers’ Standards Council but rues lack of clarity over its role