High Court orders illegal pension introducers Avacade, Alexandra Associates and their directors to pay £10,715,000 restitution to consumers. The two companies and three individuals must pay restitution to members of the public who were induced […]
The ABI (Association of British Insurers) today announces that Tavaziva Madzinga, CEO, Swiss Re, UK & Ireland (UKI) has joined its Board. ABI Board Chair Jon Dye, Chief Executive, Allianz Insurance, said: “I am delighted […]
The majority of motorists back the Highways Agency’s move to increase speed limits through motorway road works to 60mph according to a new poll by Motorpoint. The online survey by the UK’s largest independent car […]
The last 24 months have seen a real focus on helping consumers access suitable insurance protection. The British Insurance Brokers’ Association’s (BIBA’s) 2020 manifesto is titled Access and there has been intervention from both the […]
DBRS Morningstar has released a commentary discussing the increasing focus on the impact of climate and environmental risks by bank regulatory authorities in Europe. In particular, we note that supervisory authorities have been releasing guidance […]
The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers. There’s some comment from Huntswood below too. More than 24 million people display one or more potential characteristics […]
The FCA has today confirmed it will introduce a ban on discretionary commission models. This followed a consultation in October 2019. Currently, some car retailers and motor finance brokers receive commission which is linked to the interest […]
In the latest episode of the RegTech 20:20 podcast from Encompass, the Know Your Customer (KYC) RegTech software provider, guest speaker Francesca Hopwood Road, Head of RegTech and Advanced Analytics at the Financial Conduct Authority (FCA), is […]
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