FCA makes £113m surplus with £58m underspend of industry fees
The Financial Conduct Authority (FCA) generated a £113.6m surplus for the 2021/22 financial year pushing its cash reserves above the ...
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Tag: FCA
FCA rejects no claims discount and ‘polluter pays’ approach to fees
The Financial Conduct Authority (FCA) has rejected the possibility of a no claims discount to its annual fees for firms ...
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Health and protection advisers face 3.5% levy hike but FCA eases minimum fees
Advisers in the health and protection insurance sectors face a 3.5% increase in the fees they have to pay to ...
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‘Financial services sector is not diverse and inclusive’ – FCA
The Financial Conduct Authority (FCA) does not believe the financial services sector is diverse and inclusive and emphasised that diversity ...
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JLT Specialty fined £7.8m for financial crime failings enabling $3m bribe
Advice firm JLT Specialty has been fined £7.8m by the Financial Conduct Authority (FCA) for failures around financial crime control ...
Read moreFCA warns consumers not to buy products from pair of funeral plan providers
The Financial Conduct Authority (FCA) has warned consumers not to purchase products from two funeral plan providers. The warning comes ...
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Are Covid exclusions fair value? – FCA
Insurers, distributors and other financial services providers have been warned by the industry watchdog to ask themselves if products with ...
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FCA pressures insurers over adviser commission levels
The Financial Conduct Authority (FCA) has told insurers they should be examining the amount of commission paid as part of ...
Read moreFears about Consumer Duty implementation speed have been ‘well heard’ – FCA
The Financial Conduct Authority (FCA) has said concerns raised by the industry about the speed of implementation of its incoming ...
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FCA argues Consumer Duty goes ‘significantly beyond TCF’ and warns insurance market ‘don’t put your feet up’
The Financial Conduct Authority (FCA) has defended its flagship Consumer Duty policy as going ‘significantly beyond’ Treating Customers Fairly (TCF) ...
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