Moneyhub, a payments platform, has released new data which reveals how Britons’ spending habits are changing during the cost-of-living crisis. It could be boom times ahead for health insurance brands, as the rich decide that […]
It’s nearly time for the Budget, so let’s take a guess on a few things; IPT up to 20% on all non electric cars. Roll out of powers to Councils to tax all vehicles on […]
Martyn O’Connor, Head of Risk & Compliance, Premium Credit, takes a look at the Consumer Duty and what impact it will have on the insurance sector. The final Policy statement on Consumer Duty was published […]
Latest from the FCA; With six months to go before the Consumer Duty comes into force, the Financial Conduct Authority (FCA) has published a review of how firms are planning to implement the Duty. The […]
Is the new FCA Consumer Duty worded in a way which makes it difficult for brokers to predict their customers’ future, or true aims? Three in five brokers admit they don’t understand how the FCA’s […]
The Lloyd’s Market Association (LMA) announces the publication of a general guidance document for the implementation of the FCA Consumer Duty (the ‘Consumer Duty’). To support the work of Managing Agencies in the Lloyd’s market […]
“All firms must be able to show consistently that fair treatment of customers is at the heart of their business model.” ~ Financial Conduct Authority The author of this piece is Rory Yates, who has […]
This latest piece is by James Hall, RVP at Doxim and looks at the impact of the fast approaching Consumer Duty rules; In the UK, the FCA has just set out final rules and guidance […]
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