Compliance & Regulation

The financial services regulator has rejected the option of introducing an insurer guided private medical insurance (PMI) staff benefits policy because it leads to a “reduction in choice and convenience”. The Financial...

Private healthcare providers who fail to re-employ unvaccinated workers could face claims for unfair dismissal, an employment lawyer has warned. The warning follows government's confirmation that it would be removing the legal...

Advisers should conduct risk assessments for staff carrying out face-to-face meetings as Covid isolation requirements lift or risk falling foul of duty of care rules. This is according to Melanie Stancliffe, partner...

Insurers are continuing to require staff in England to stay at home if they test positive for Covid and are reviewing policies with regards to the provision of free Covid tests. This...

The Financial Conduct Authority (FCA) has admitted it is concerned about the possibility of people being excluded from insurance as products become more personalised. Addressing the Treasury Select Committee of MPs, FCA...

The Prudential Regulation Authority (PRA) has issued its backing for reducing the amount of capital which life insurers have to hold to ensure they can pay out for claims. The regulator was...

HM Treasury has revealed plans to slash Solvency II requirements for insurers that dictate how much capital they must hold and the types of assets they can use. The proposed Solvency II...

The Financial Conduct Authority (FCA) has pledged that being given a competitiveness objective will not weaken its oversight of the industry. The regulator also agreed with the Treasury Select Committee of MPs...

Financial Conduct Authority (FCA) executive director for consumers and competition Sheldon Mills says he is “cautious” about using funds gathered from fining firms to pay for regulator or its industry levies. Mills...

The Right Mortgage and Protection Network has launched a vulnerability hub to help its advisers tackle difficulties vulnerable consumers have when interacting with financial services. The hub is designed to help advisers...