FCA censures healthcare operator NMC for misleading market about debt

17 November 2023

The Financial Conduct Authority (FCA) has censured Abu Dhabi-based NMC Health plc (NMC) for misleading the market about its debt. ...

Consumer Duty increasing protection conversations for mortgage advisers – AMI

31 October 2023

Two in five (40%) mortgage advisers have seen an increase in protection conversations with customers as a result of the ...

FCA repeated Keydata failings on LCF scandal, warns Complaints Commissioner

FCA rejects extending FOS eligibility beyond £6.5m turnover SMEs

25 October 2023

The Financial Conduct Authority (FCA) has decided against expanding the eligibility threshold for the Financial Ombudsman Service (FOS) beyond businesses ...

Protection drives Royal London growth with demand for IP and business cover

FCA receives 8,500 more PMI complaints as life, CI and IP grievances also soar

20 October 2023

The Financial Conduct Authority (FCA)has reported a surge in complaints across the health and protection insurance sectors over the first ...

FCA not looking to ban either commission or brokers – Mills

4 October 2023

The Financial Conduct Authority (FCA) can take many forms of action against brokers that do not charge fair commissions - ...

FCA terminal illness review criticises slow claims, poor communication, end of term exclusions, use of CMOs and 12-month prognosis

2 October 2023

The Financial Conduct Authority (FCA) has raised serious concerns about several elements of how insurers are addressing terminal illness benefits ...

FCA chief blames firms’ ‘caution’ for not advising enough people and wants debate over AI insurance impact

29 September 2023

Financial Conduct Authority (FCA) CEO Nikhil Rathi has blamed the “caution” of firms for not providing “good and affordable” financial ...

Insurance ARs halve in decade as FCA targets PII and ‘weak recruitment’ oversight

28 September 2023

The number of appointed representative (AR) firms operating in the insurance sector has halved in the last decade, with a ...

PDG raises £17k from sponsors to increase activity and strengthen governance

PDG wants to help FCA ‘better understand’ protection commission and warns market ‘urgently needs to address’ key issues

22 September 2023

The Protection Distributors Group (PDG) says it stands ready to help the Financial Conduct Authority (FCA) better "understand and differentiate" ...

FCA warns of ‘poor’ protection selling, flags commission for driving churn and demands improved broker oversight

20 September 2023

The Financial Conduct Authority (FCA) has issued a stark warning to protection insurers about “poor selling practices” and slow restorative ...

Tag: FCA