Compliance & Regulation

The Financial Conduct Authority (FCA) and Advertising Standards Authority (ASA) have joined forces with Love Island's Sharon Gaffka to warn social media influencers about the risks of promoting financial scams. Both regulators...

The Personal Finance Society (PFS) is conducting an independent governance review which is due to report back by the end of April. Conducted by Integrity Governance, the PFS said the review will...

Advisers operating in the health and protection insurance market will see their contribution to the Financial Conduct Authority (FCA) budget rise by 10.4% in the 2023/24 financial year. The rise comes as...

The Financial Conduct Authority (FCA) has set a goal of spotting problem firms faster to help tackle the high Financial Services Compensation Scheme (FSCS) levy. It is developing proposals to improve complaints...

The Financial Ombudsman Service (FOS) is introducing the proactively settled category to the way it processes cases to encourage firms to solve complaints more quickly. The regulator confirmed the move will be...

The Financial Ombudsman Service (FOS) expects to freeze individual case fees and its compulsory jurisdiction levy in the coming financial year. The regulator also intends to cut its voluntary jurisdiction levy for...

Group Risk Development (Grid) has written to chancellor Jeremy Hunt expressing concerns about HM Revenue & Customs "flawed" interpretation of taxation on group income protection (GIP), within the context of an optional...

Record low levels of satisfaction with GP services and NHS dentistry drive dissatisfaction with the NHS to an all time nadir in 2022. The latest British Social Attitudes Survey into public satisfaction...

Advisers should complain to the Financial Conduct Authority (FCA) if they do not receive target market data from insurers as required under Consumer Duty information sharing requirements. This is according to FCA...

Legal & General has joined professional body the Consumer Duty Alliance (CDA) which launched on 9 March. The body has been established with the aim of promoting good practice, delivering better client...