Regulation
Another FSCS fee hike
This week brokers were hit by a predicted 15% increase in the FSCS levy for 2014/15.
RWA adds Jelf consultant as new compliance manager
Stokes has been charged with helping brokers meet the regulator's "exacting requirements".
Brokers disheartened by FSCS increase
No expectations of fall in levy for years.
FCA raises clone broker alert
Regulator warns that Zelomit Insurance has "no association" with Saffron.
Brokers' FSCS levy will climb by £8m in 2014/2015
Biba is "not surprised but disappointed" by FSCS broker hike.
Watchdog undertaking small broker client money review
FCA is looking into arrangements of smaller brokers ahead of publishing revised client money rules.
Brokers warned to "be aware" of watchdog's investment review
Warning comes after the Financial Conduct Authority issued investment incentive guidance.
Biba's White says trade body is 'ready for battle' over FSCS costs
Modification of the FSCS funding model would aid economic growth, according to White.
Biba launches 2014 manifesto
Trade body targets 'disproportionate' regulation costs.
RSA's long 15 minutes of fame
The completion of the PwC review into the claims and finance issues uncovered in Ireland two months ago brought an element of closure to the insurer's recent stint in the spotlight.
FCA 2013 insurance fines soared 160% to £44.6m
Broker-specific fines rose to £9.76m, mainly fuelled by the JLT and Swinton penalties.
RSA's Brown admits insurer's reputation has been "damaged"
Adrian Brown's admission follows PwC review into Ireland issues and twin sackings.
FOS to reduce budget by 20% and freeze general levy at £23.3m
Ombudsman will also reduce PPI case fee and expects fewer cases.
FCA forces Money Supermarket into cash-saving clarification
Regulator raised "concerns" about price comparison website's recent advertising campaign.
Competition Commission rules UK motor market is "not working well"
Office of Fair Trading referred the motor market to the commission back in September 2012.
FCA fines Porta Verde over mis-sold insurance
Firm's ARs used high-pressure sales tactics and misleading information.
FCA holding fire over Towergate misallocation
Regulator says it cannot prevent every incident before it happens.
Regulator's gaze falls on wholesale insurance
Regulator is already engaging with insurance trade bodies about wholesale insurance.
Editor’s letter - December 2013
“On Insurance Age we have been writing about the risks around client money for more years than I wish to remember, as has the regulator”
FCA puts comparison sites under spotlight
Regulator to investigate “key concerns” over how customers use aggregators
More questions than answers for Towergate
In the grand scheme of results, a company's Q3 figures rarely compete with the detail and interest thrown up by its full or half-year numbers.
Brokers question Towergate's client money misallocation timespan
Consolidator's bondholder report flagged concerns that took place during a four-year period until 2011.
UKGI urges brokers to provide evidence of file monitoring
Issues came to light during series of workshops.
Towergate client money issues "unforgivable"
Compliance experts deem long term misallocation of money "worrying".