Compliance & Regulation

The US House of Representatives has passed the Inflation Reduction Act which limits the cost of insulin for senior citizens enrolled in Medicare. The Act also extends the Covid expansion of Affordable...

Healthcare trustees are being urged to register their arrangements as figures show trust registrations have soared this year with more than double last year’s total being registered in the last two months...

The Financial Conduct Authority (FCA) has slammed general insurance and pure protection manufacturers and distributors for failing to get to grips with its final rules on insurance pricing and enhanced product governance....

The Financial Conduct Authority (FCA) has told insurers and other providers that it expects them to tell advisers and distributors how their commission affects the value of the product for consumers. The...

A serial health insurance fraudster has been jailed for a year after submitting more than 130 claims worth £24,000 to multiple insurers under nine different names that seemingly targeted cash plan providers....

I have heard the Financial Conduct Authority’s (FCA) Consumer Duty described in many ways. This ranges from “unnecessary meddling”, to which I do not subscribe, to the “Retail Distribution Review mark II...

The US, Australia and Singapore have taken a keen interest in the Financial Conduct Authority's development of its Consumer Duty. The revelation came from Sheldon Mills, executive director for consumers and competition...

The Bank of England is predicting UK inflation will hit just over 13% in the fourth quarter of the year which will coincide with the country entering a year-long recession. In a...

The Financial Conduct Authority (FCA) expects implementing its appointed representative (AR) regime overhaul to cost the financial services sector around £7.6m per year. It anticipates larger firms taking the highest expense with...

Principal firms must investigate the history of their appointed representatives (AR) including other principal firms they worked for and why their previous relationship came to an end. The requirements are being introduced...