Large Corporate
If insurance moves any slower on diversity it will be going backwards – Blanc
If the insurance and finance sector moves any slower in improving diversity, it will be going backwards, according to Aviva CEO Amanda Blanc. Speaking at the Association of British Insurers (ABI) Diversity...
Read morePFS emphasises culture change and diverse views in Consumer Duty guide
The Personal Finance Society (PFS) has emphasised the importance of changing culture within financial services firms to meet the Financial Conduct Authority’s (FCA) incoming Consumer Duty. The representative body for financial advisers...
Read moreFCA’s Mills highlights personal experience in need for diversity data collection
Collecting data beyond visible characteristics of race or gender fosters feelings of acceptance among diverse communities, according to the Financial Conduct Authority's Sheldon Mills, who spoke candidly about his own experiences of...
Read moreAviva ‘got honest’ and took action to improve gender diversity
Shortening job descriptions, 50/50 candidate shortlists and encouraging men to take longer parental leave are just some of the ways Aviva 'got honest' and moved beyond a tickbox exercise to improve gender...
Read moreABI sets minimum targets for members signed up to D&I initiatives
The Association of British Insurers (ABI) has set a minimum target for the number of its members signed up to various diversity at work initiatives. The move is part of a multi-year...
Read moreAssessor sees ‘big shift’ in FOS complaints needing further work
There has been a "big shift" in cases where the Financial Ombudsman Service's (FOS) independent assessor has had to make recommendations or issued learning points to the regulator following complaints about its...
Read moreWorkplace benefits costs and sickness absence rise at FOS
Sickness absences and the cost of workplace benefits both rose at the Financial Ombudsman Service (FOS) in the last financial year – however overall employee costs dropped by £16m. Sickness absence was...
Read moreFOS hit only two of six key outcome targets but slashes case backlog
The Financial Ombudsman Service (FOS) hit just two of its key outcome targets over the last financial year, however it did reduce its caseload substantially from 163,000 to around 110,000 at the...
Read moreFCA not expecting judicial review of Consumer Duty
The Financial Conduct Authority (FCA) has said it does not expect a judicial review of its Consumer Duty after a question posed at its annual public meeting last month suggested the regime...
Read moreNFP enters Irish PMI market with broker acquisition
Benefits consultant NFP has expanded its health insurance offering into Ireland with the acquisition of Dublin-based health and life insurance adviser Tailored Finance Limited. The move marks NFP's first healthcare-focused acquisition in...
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