The Financial Conduct Authority (FCA) believes its incoming Consumer Duty rules will eventually mean fewer rule changes and lower compliance costs for the industry. It emphasised the rules overhaul brought a ‘significant...
Read moreThe 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...
Read moreThe 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...
Read moreThe 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...
Read moreBupa has extended its partnership agreement with Babylon for a further three years to deliver digital health services to the insurer's customers. The two firms have been in partnership since 2015, when...
Read moreMorganAsh 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...
Read moreThe 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...
Read moreInternational private medical insurance (IPMI) provider Healthcare International has been added to the Health Compass price and cover comparison platform. Intermediaries can use the Health Compass technology solution to compare both the...
Read moreStartup health insurer Peachy has completed a $1.6m funding round with backing from senior insurance industry executives including former CEOs of Bupa, Axa Global Health and the Chartered Insurance Institute (CII). Backers...
Read morePrivate 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...
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