Compliance & Regulation

The Financial Conduct Authority (FCA) has written to insurance industry CEOs telling them to ensure their customers are protected from unnecessary products or add-ons and unfair penalties. And the regulator warned where...

The Financial Conduct Authority (FCA) claims it has cut its authorisations backlog by 40% over the last year and is trialling automated application forms. Following reports of long delays for firms and...

The Financial Conduct Authority (FCA) has published a timeline illustrating the dates for when firms should have implemented key elements of its incoming Consumer Duty. The regulator published the final rules for...

MorganAsh has updated its adviser tool help businesses better manage and evaluate consumer vulnerability. As businesses prepare for the Financial Conduct Authority's (FCA) Consumer Duty, the firm has updated its MorganAsh Resilience...

The Financial Conduct Authority (FCA) is reviewing the boundary between regulated financial advice and guidance across the sector. FCA executive director for markets Sarah Pritchard announced the move which could have a...

Private medical practitioners and healthcare providers must have greater transparency around conflict of interest declarations and give more prominence to expectations around patient consent. The tighter guidelines are part of the Independent...

Government intends to deliver an "ambitious" deregulatory package later this autumn to "unleash the potential" of the UK financial services sector as part of its plan to drive growth across the UK...

The government's reversal of its National Insurance Contributions (NICs) hike to fund the health and social care levy will hit the UK's coffers to the tune of more than £65bn over the...

Complaints about income protection (IP) insurance dropped by 15% in the first quarter of the 2022-23 financial year, according to data from the Financial Ombudsman Service (FOS). The latest data showed 171...

The Association of British Insurers (ABI) has updated its minimum standards for critical illness (CI) policies that must be adopted by all insurers offering these products. Changes have been made to how...