Consumer Duty increasing protection conversations for mortgage advisers – AMI
Two in five (40%) mortgage advisers have seen an increase in protection conversations with customers as a result of the ...
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Tag: FCA
FCA rejects extending FOS eligibility beyond £6.5m turnover SMEs
The Financial Conduct Authority (FCA) has decided against expanding the eligibility threshold for the Financial Ombudsman Service (FOS) beyond businesses ...
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FCA receives 8,500 more PMI complaints as life, CI and IP grievances also soar
The Financial Conduct Authority (FCA)has reported a surge in complaints across the health and protection insurance sectors over the first ...
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FCA not looking to ban either commission or brokers – Mills
The Financial Conduct Authority (FCA) can take many forms of action against brokers that do not charge fair commissions - ...
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FCA terminal illness review criticises slow claims, poor communication, end of term exclusions, use of CMOs and 12-month prognosis
The Financial Conduct Authority (FCA) has raised serious concerns about several elements of how insurers are addressing terminal illness benefits ...
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FCA chief blames firms’ ‘caution’ for not advising enough people and wants debate over AI insurance impact
Financial Conduct Authority (FCA) CEO Nikhil Rathi has blamed the “caution” of firms for not providing “good and affordable” financial ...
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Insurance ARs halve in decade as FCA targets PII and ‘weak recruitment’ oversight
The number of appointed representative (AR) firms operating in the insurance sector has halved in the last decade, with a ...
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PDG wants to help FCA ‘better understand’ protection commission and warns market ‘urgently needs to address’ key issues
The Protection Distributors Group (PDG) says it stands ready to help the Financial Conduct Authority (FCA) better "understand and differentiate" ...
Read moreFCA warns of ‘poor’ protection selling, flags commission for driving churn and demands improved broker oversight
The Financial Conduct Authority (FCA) has issued a stark warning to protection insurers about “poor selling practices” and slow restorative ...
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Just three in 10 disabled people are happy with financial advice they receive
Just three in 10 disabled people are satisfied with the quality of the financial advice or information they receive, according ...
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Beagle Street launches into adviser protection market
