Compliance & Regulation

The Financial Conduct Authority (FCA) will begin tackling legacy issues in the life insurance and pensions market early next year. Its aim is to reduce the regulatory barriers insurers face, it said....

A new specialist mutual development unit and free pre-application help are among a series of initiatives from financial regulators to support government plans to double the size of the mutuals sector. The...

Protection providers have been urged to do the “right thing” with 30-day newborn death exclusions from older protection policies and bring them into line with current practices. One adviser said they had...

Fairer Finance has appointed Charles Randell to its independent consumer advisory board. Randell (pictured) is the former chairman of the Financial Conduct Authority (FCA) and the Payment Systems Regulator and has previously...

The Financial Ombudsman Service (FOS) is expecting to receive 4,000 fewer insurance complaints in the 2025-26 year than it originally budgeted for. However, the ombudsman is still planning to increase its compulsory...

LifeSearch is adding a digital trust solution to its self-serve life insurance journey. It has worked with Trust Genie and Yavia on the process and embeds trust creation directly into the advice...

Chancellor Rachel Reeves is delivering £26bn of tax raising measures by the end of the Parliament in her Budget 2025, much of which is aimed at the better off. This included maintaining...

The government has made several key changes to Inheritance Tax (IHT) including to the adminstration of death benefits through pension schemes, extending the nil rate bands for another year, and expanding the...

The Chartered Insurance Institute (CII) has launched a guide to help insurance and personal finance firms better identify, support, and deliver fair outcomes for customers in vulnerable circumstances. The professional body also...

Financial Conduct Authority (FCA) executive director of consumers and competition Sheldon Mills is leaving the regulator, according to a report. Mills, who joined the FCA in 2018, will step down in the...