Compliance & Regulation

Prime minister Rishi Sunak (pictured) has announced the UK general election will take place on 4 July. The prime minister ended growing speculation by confirming the UK will go to the polls...

The Financial Conduct Authority (FCA) has undertaken an in-depth review of the life insurance market's governance arrangements and pure protection product fair value. The regulator said it had conducted the review over...

The Financial Conduct Authority (FCA) has written to life insurance CEOs with key questions they must ask themselves ahead of the looming Consumer Duty deadline for closed products and services at the...

The health and protection industry needs to make a "really, really" clear case that long-called for tax breaks will deliver increased take-up of cover and will not hurt the exchequer. This is...

The insurance sector has been challenged to show greater leadership in demonstrating the value that brokers bring to designing commissions and on policing non-financial misconduct and promoting healthy work cultures. The challenge...

International private medical insurance (IPMI) specialist barrister Simon Isgar has joined Saudi Arabia-based law firm BLK Partners as a partner and its head of insurance and reinsurance practice. Isgar (pictured) was previously...

Mortgage and protection firm Access Financial Services has appointed Jeremy Lock as director of compliance. Lock joins from Absolute Return Investment Advisers (ARIA) where he was head of compliance. Previously, Lock was...

Tighter European data legislation could threaten international health insurer business models, the industry has been warned. As a result, insurers face having to gain increased access to data provided by clients and...

Government is considering removing financial support from some people receiving personal independence payments (PIP). The proposal features in a green paper among plans targeted at cutting the cost of PIP which will...

Consumer Duty Fair Value requirements do not mean firms cannot operate different charges or make a profit. This is according to Graeme Reynolds, the Financial Conduct Authority's (FCA) director of competition, who...