Advisers must tell FCA if they see other firms not meeting Consumer Duty
Advisers are required to tell the the Financial Conduct Authority (FCA) if they witness other firms in the distribution chain ...
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Tag: FCA
Group risk, health insurance and employee benefits not covered by Consumer Duty
The provision and servicing of group risk, group health insurance and other workplace benefit schemes is not covered by Consumer ...
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FCA toughens senior manager oversight of Consumer Duty and plans implementation review
The Financial Conduct Authority (FCA) is already planning for a post-implementation review of its Consumer Duty and has strengthened oversight ...
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FCA’s ten expectations of firms under the Consumer Duty
As part of it’s incoming Consumer Duty the Financial Conduct Authority (FCA) has set out ten expectations of how firms ...
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Consumer Duty no more challenging for advisers than any other rules – Mills
The Consumer Duty is no more challenging to advisers than any other part of the financial services sector, according to ...
Read moreFCA gives firms three-month extension to implement Consumer Duty
The Financial Conduct Authority (FCA) has given firms a three month extension to execute its Consumer Duty for all new ...
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Consumer Duty does not ban loaded premiums but FCA may review issue
The Financial Conduct Authority (FCA) has confirmed its Consumer Duty does not explicitly prohibit the controversial practice of loaded premiums ...
Read moreFCA reveals 14 firms with 50,000 customers not authorised as funeral providers
The Financial Conduct Authority (FCA) has published a list of 14 firms covering more than 50,000 people who will not ...
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Treasury and FCA ‘circus’ dodges responsibility as poorest excluded from insurance
HM Treasury and the Financial Conduct Authority (FCA) need to take responsibility for solving the problem of the poorest people ...
Read moreFCA clears complaints backlog as commissioner slams ‘unjustified’ compensation stance
The Financial Conduct Authority (FCA) received 1,212 complaints in the 2021/22 financial year, 24% fewer compared to 1,596 in 2020/21, ...
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One of my biggest fears is the sector rowing back on inclusivity and we lose progress – Steve Collinson, Zurich
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Aviva expands ChatGPT app for life insurance customers
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PMI providers covering complication-cutting weight loss treatment ahead of surgery would ‘clean up’ – Schofield
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Guardian adds critical illness and combined life value options
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PMI-funded hospital admissions hit another record high – PHIN
