Compliance & Regulation

All distributors are required to ensure their charges for distributing products or services represent fair value, according to guidance from the Financial Conduct Authority (FCA) on its incoming Consumer Duty. The guidance...

A former mortgage broker has been jailed and disqualified from being a director for a second time after committing mortgage and loan fraud. Cindy Brad from Melton Mowbray illegally obtained £200,000 from...

The Financial Conduct Authority (FCA) has rejected calls to require signposting for consumers who are denied insurance cover because of pre-existing health problems. The regulator already requires signposting in the travel insurance...

The Financial Conduct Authority (FCA) has named the 26 funeral plan providers that it has authorised as it takes over regulation of the market from today. These firms hold approximately 1.6 million...

MPs are calling on government to appoint a menopause ambassador who would report every six months on "particularly poor" employer practices in supporting menopausal women. The recommendation features in a cross-party House...

The Financial Conduct Authority's (FCA) failure to explicitly ban loaded premiums under its Consumer Duty means the pressure is on insurers and distributors to justify continuing the controversial practice, according to St...

Advisers are required to tell the the Financial Conduct Authority (FCA) if they witness other firms in the distribution chain who are not meeting its incoming Consumer Duty, the regulator has announced....

The provision and servicing of group risk, group health insurance and other workplace benefit schemes is not covered by Consumer Duty rules, the Financial Conduct Authority (FCA) has confirmed. However small and...

The Financial Conduct Authority (FCA) is already planning for a post-implementation review of its Consumer Duty and has strengthened oversight demands on senior people within firms. The regulator said the review would...

The Financial Conduct Authority's (FCA) decision to extend the implementation period of its Consumer Duty followed concerns raised by industry respondents who claimed the original timetable was "highly challenging" and "overly short"....