Insurance Regulation

Are We Heading Towards Two-Tier Contactless Limits in The UK?

IE only asks the question because the two-tier principle is now being extended across the justice system, TV Licensing, bank account spending limits, State Pension vs Pension Credit and many other walks of life. Two […]

Insurance Regulation

FCA Responds to Which? Super Complaint on Home & Travel

Which? and other consumer activist groups have been critical of the way Home and Travel insurance products are sold, claims processed and pricing complaints. Things like medical conditions definitions and the need for disclosures for […]

Insurance Regulation

FCA Seeks Feedback on Crypto Market Regulation in UK

At some stage the UK government is bound to roll out cryptocurrency, if only to raise more cash for foreign wars, pet NGO projects and the UK benefits system. The question of how those imaginary […]

Insurance Regulation

Nationwide Fined £44m by FCA on Potential Money Laundering Errors

The latest from the FCA for you; The FCA has fined Nationwide Building Society £44m for inadequate anti-financial crime systems and controls between October 2016 to July 2021. During this period, Nationwide had ineffective systems […]

Insurance Regulation

IUA Establishes Chief Underwriting Officers Council

The latest from the IUA; A new Chief Underwriting Officers Council has been established for the London company market by the International Underwriting Association (IUA). The group will provide leadership and guidance for all of […]

Insurance Regulation

FCA Simplifies Rules, But Will it Lower Costs For Insurers?

Here’s the latest from the FCA, plus some industry comments; The Financial Conduct Authority (FCA) has confirmed changes to simplify its rules and lower costs for insurers, while maintaining appropriate levels of protection for smaller […]

Insurance Regulation

FCA Publishes Plans to Boost Investment Mindset

It’s a fact that most UK citizens are risk averse when it comes to stocks, but given the volatile nature of stock markets, plus the frequency of company mergers/bankruptcies, that isn’t surprising. In any case […]

Insurance Regulation

FCA Will Lift Pause on Motor Finance Complaints in May 2026

The latest statement from the FCA, as they decide to lift the pause on car loan/finance agreements complaints in May next year; We are lifting the pause on the handling of motor finance complaints on 31 […]