Compliance & Regulation

Advisers in the health and protection insurance sectors face a 3.5% increase in the fees they have to pay to the Financial Conduct Authority (FCA) during 2022/23. Firms operating in these markets,...

The number of complaints received by the Financial Ombudsman Service (FOS) fell 40% to 165,263 in 2021/22, down from 279,146 in 2020/21, but the precentage of complaints upheld rose. Overall, across the...

Advice firm Cura Financial Services has warned the current additional support options made available are not enough for dyslexic people trying to take qualifying exams and appealed for further work on the...

The advised versus non-advised debate currently bubbling away in the industry is a fascinating one. Is this a battle between the dark side and the light, or between innovators trying to push...

Female representation among senior management in the financial services industry has stagnated with little progress made in 2021, according to the annual review of the Women in Finance Charter. The government’s Women...

The Financial Conduct Authority (FCA) does not believe the financial services sector is diverse and inclusive and emphasised that diversity and inclusion is a good thing for firms and the markets they...

Advice firm JLT Specialty has been fined £7.8m by the Financial Conduct Authority (FCA) for failures around financial crime control including allowing a more than $3m bribe to take place. It is...

A serial fraudster who lied about having terminal cancer has been jailed for six years and nine months after executing an insurance and investment scam worth almost £2m. The swindle included a...

The Financial Conduct Authority (FCA) has named the providers it intends to authorise when the pre-paid funeral plans industry comes under its regulation from 29 July. Of the 64 funeral plan providers...

The Financial Ombudsman Service (FOS) has appointed Abby Thomas as chief executive and chief ombudsman. Thomas (pictured) has significant experience in leading change and driving operational excellence in large, complex organisations, the...