Compliance & Regulation

Government does not appear to share the same concern about the increased risk of a life insurance firm collapsing due to its Solvency II reforms as the Bank of England does, according...

The Financial Ombudsman Service (FOS) is proposing to change the way it processes complaints to encourage firms to solve complaints faster. The regulator has suggested adding a new category within its biannual...

Johnny Timpson is working with an insurance law expert on options for legal or regulatory remedies enabling insurers to split life cover policies where there is evidence of economic abuse. Timpson (pictured)...

The Confederation of British Industry (CBI) has called on chancellor Jeremy Hunt to offer tax relief or other financial support for employers supporting their employees' health. CBI director-general Tony Danker (pictured) made...

MPs have warned the first year of NHS England’s three-year recovery programme is already falling short of expectations, that targets are likely to be missed and that they want a better explanation...

The British Medical Association (BMA) has confirmed its junior doctor members across England will strike for three days from Monday 13 March. The BMA said the decision followed the failure of health...

The Financial Conduct Authority (FCA) is to survey 600 smaller firms to check how they are preparing for implementing the Consumer Duty. The regulator also conceded it may have not adequately explained...

The Advertising Standards Authority (ASA) has taken action against another life insurance lead generator as part of its crackdown on the sector. This latest action has seen the regulator ban adverts placed...

Shadow chancellor Rachel Reeves would not be drawn on whether she would introduce tax breaks for private medical insurance (PMI) at next month's Budget. Responding to a question at the Association of...

Further tweaks to the implementation of the Consumer Duty will be needed to help firms navigate "significant" issues connected to closed life insurance books, the Financial Conduct Authority (FCA) has admitted. The...