FCA praises signposting clients with pre-existing conditions to meet Consumer Duty
The Financial Conduct Authority (FCA) has applauded the signposting of customers with pre-existing health conditions to specialists as a positive ...
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Tag: FCA
FCA highlights personal accident insurance as potentially poor value
The Financial Conduct Authority (FCA) has identified personal accident cover as potentially providing “poor value”. The regulator said concerns had ...
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Steward steps down as FCA’s executive director of enforcement
Mark Steward is stepping down as the Financial Conduct Authority's (FCA) executive director of enforcement and market oversight after seven ...
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FCA ‘frustrated’ with fair value product assessments as opposing lines drawn by advisers and providers
The Financial Conduct Authority (FCA) has admitted it is frustrated with the way fair value pricing assessments for insurance contracts ...
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Implementation plans must be well thought out and engage with Consumer Duty substance – FCA
Firms need to ensure their Consumer Duty implementation plans due at the end of this month are well thought through ...
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Consumer Duty does not mean firms will pay more in redress – FCA
The Financial Conduct Authority (FCA) has said it’s incoming Consumer Duty does not mean firms will be paying more in ...
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FCA focus groups exploring ‘practical difficulties’ of advice-guidance boundary
The Financial Conduct Authority (FCA) has begun focus groups with members of the financial services industry examining ‘practical difficulties’ in ...
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FCA says Consumer Duty brings ‘fewer rule changes’ and ‘lower compliance costs’
The Financial Conduct Authority (FCA) believes its incoming Consumer Duty rules will eventually mean fewer rule changes and lower compliance ...
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Regulator tells insurers to protect customer wellbeing in cost of living crisis
The Financial Conduct Authority (FCA) has written to insurance industry CEOs telling them to ensure their customers are protected from ...
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FCA cuts authorisations backlog by 40%
The Financial Conduct Authority (FCA) claims it has cut its authorisations backlog by 40% over the last year and is ...
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Aviva virtual agent won’t tackle complex bereavement or CI claims – Blanc
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Is AI an adviser’s friend or foe? analysis
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Woodley becomes head of healthcare development at The Exeter as Page takes over distribution
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Advisers may need to justify why trust or beneficiary nomination not used – Wheatcroft
