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...
Read moreThis week the Financial Conduct Authority (FCA) published the final rules and guidance for its landmark Consumer Duty. The rules promise to trigger a major shift in how the financial services industry...
Read moreUK bosses claim that ensuring robust mental and physical health among employees is key to increasing productivity and profitability, and is the main aim of health and wellbeing policies. The vast majority...
Read moreMaxis Global Benefits Network (Maxis GBN) has partnered with health insurance solutions provider Further Group to offer its critical advantage solution to multinational clients. By using Further multinationals will be able to...
Read moreMPs 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...
Read moreThe 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...
Read moreAdvisers 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....
Read moreThe 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...
Read moreThe 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...
Read moreThe 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"....
Read more