Financial Services Authority (FSA)
Accountancy firm in financial dispute with insurers
Accountants RSM Tenon is in dispute with its insurers over who should pick up the bill for costs arising from the firm's Financial Services Authority (FSA) fine in 2010.
Chartered status under-promoted on websites, says Axa
A review of UK Chartered Broker websites commissioned by Axa Commercial Lines and Personal Intermediary found that many brokers were not promoting their Chartered status adequately.
All work and no play
With the new regulator fast approaching it seems that every week more and more news stories seem to be focusing on what will change for the insurance industry.
Biba welcomes FCA clarifications
The British Insurance Brokers’ Association (Biba) has welcomed further clarification from the Financial Services Authority (FSA) ahead of upcoming changes.
FSA calls for feedback in consultation on journey to FCA
The Financial Services Authority (FSA) has published the ‘Journey to the FCA’ - a paper setting out how the new regulator will operate with a consultation period now open until 14 December.
UK Broker Conference 2012: Brokers warned of "pre-emptive" action
The Financial Service Authority's (FSA) head of wholesale and general insurance warned brokers that the incoming Financial Conduct Authority (FCA) will not just be the FSA "with a different letter".
Travelers continues recruitment drive with new Europe underwriting chief
Rob Cage has been appointed chief underwriting officer for Travelers in Europe.
Insurance Age October 2012 digital edition
The October edition of Insurance Age is full of news analysis essential to brokers.
Brokers warned over client money changes
Moore Stephens has warned that the Financial Services Authority’s (FSA) proposed new rules on client money could cost brokers more time and money.
Regulator focuses on broker accounts
FSA’s consultation on client money rules highlights issues for brokers
Concern grows over “shoot first” FCA
Industry responds to comments by the FSA’s managing director
Will the FCA show its teeth?
Brokers should prepare for regulatory changes, says Jill Hambley
General insurance intermediaries see FSA complaints hit 431,897
The number of complaints instigated against general insurance intermediaries leapt up to 431,897 during the first half of 2012, according to the latest statistics released by the Financial Services Authority (FSA).
Broker Expo South: FCA will demand more information and conduct more visits
Brokers can expect a lot more demands for information from the incoming Financial Conduct Authority (FCA), delegates at the 2012 Broker Expo South were told today.
FSA moves to quell concerns over staff changes
The Financial Services Authority (FSA) has moved to pacify senior politicians' fears about staff turnover and its impact on the consistency of communication between firms and the regulator during the transition to the ‘twin peaks’ and Solvency II regimes.
FSA approval waiting times at record high of 23 weeks
Regulatory approval waiting times for financial service start-up companies has reached a record high of 22.9 weeks.
Biba calls for ban on banks selling insurance
Banks should be banned outright from directly selling general insurance products, according to the British Insurance Brokers’ Association (Biba).
Regulator outlines review into sales incentives
The Financial Services Authority (FSA) has outlined the research behind its decision to open a consultation on sales incentive schemes in the financial services industry.
FCA chief highlights PPI mis-selling in commission crackdown plans
Martin Wheatley, chief executive officer designate of the Financial Conduct Authority (FCA), has confirmed that he wants to see an end to mis-selling created by sales incentives.
FCA boss to clamp down on commission-led sales
Commission payments on all financial products are to be severely curtailed by the new financial regulator.
Reportage: Tipping the scales
Brokers face a huge change in the way legal expenses insurance is sold and could lose out if they can’t tap into before-the-event products and add-ons, writes Martin Friel
Compensating for compensation
Proposed changes to the way the FSCS is funded are causing concern, says Steve White
Brokers saving the UK economy
There is nothing nice about brokers being hit for payment protection insurance mis-selling refunds.
FSA cancels ex-Coversure franchisee's permissions
The Financial Services Authority (FSA) has cancelled the ability of former Croydon Coversure franchisee Eric Lung to undertake regulated insurance broking activities.