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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Tag: FCA
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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LSL will integrate TenetLime network into Primis after £12.9m deal
Tenet Group has disposed of its appointed representative (AR) groups in deals with LSL and The Openwork Partnership following a ...
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Insurance intermediaries increase revenue more than £2bn
Insurance intermediaries saw their total revenue increase by more than £2bn last year - rising 10% from £18bn in 2021 ...
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FCA wants firms to ‘manage risk rather than eliminate it’ as part of advice-guidance boundary review
The Financial Conduct Authority (FCA) has urged firms to provide “flexible forms of support” for customers and to “manage risk ...
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