FCA slams ‘poor’ PMI and protection product target market statements
The Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) ...
Read moreThe Financial Conduct Authority (FCA) has singled out target market statements from private medical insurance (PMI) and income protection (IP) ...
Read moreThe Financial Conduct Authority (FCA) is requiring insurers and intermediaries to take remedial actions including ordering them to withdraw products ...
Read moreThe Financial Conduct Authority (FCA) has continued to express concern over the value proposition of Guaranteed Asset Protection (GAP) insurance, ...
Read moreInsurance intermediaries saw their revenue rise 15.7% last year to reach £24.5bn – up from £21.2bn in 2022. Commissions earned ...
Read moreFinancial services firms have found focusing on price and value “challenging” during the first year of the Consumer Duty, according ...
Read moreThe Financial Conduct Authority (FCA) is calling on firms to suggest rules which could be eliminated or simplified if they ...
Read moreAdvised pure protection product sales rose by almost 18% over the last four years while non-advised sales dropped by nearly ...
Read moreA mortgage and protection advice firm has had its permissions to operate cancelled by the Financial Conduct Authority (FCA) after ...
Read moreThe Financial Conduct Authority (FCA) has warned the insurance industry to improve monitoring to determine whether firms are delivering good ...
Read moreAdvice firms are being warned they must engage with the Financial Conduct Authority's (FCA) Consumer Duty board reports and ensure ...
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