FCA Reaction to Loyalty Penalty Super Complaint
Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented: “Before the CMA published its supercomplaint response last year, we had already [...]
FCA
Is It The End for the Annual Car Insurance Search & Switch Festival?
Today, the government has announced that firms that overcharge loyal customers could be hit with direct fines under new plans being unveiled this morning by the Government. [...]
Personal Finance: FCA Plans to End the Unauthorised Overdraft Fees Gravy Train
The Financial Conduct Authority (FCA) has confirmed it is introducing reforms to fix a dysfunctional overdraft market. These changes will make overdrafts simpler, fairer, and [...]
Regulatory: FCA Ban For Martins Brokers’ Terry Farr
The Financial Conduct Authority (FCA) has prohibited former Martins Brokers (UK) Ltd (‘Martins’) broker Terry Farr from performing any function in relation to any [...]
Opinion: FCA Business Plan Will Prompt Big Changes in GI Market
What does the FCA’s new Business Plan mean for GI? In this Opinion piece, Mark McDonald, Consultant at Altus, looks at the possible directions that general insurance is [...]
Regulatory: FCA Begins Review of Financial Products Distribution
The Financial Conduct Authority (FCA) has launched a Call for Input asking for feedback on its proposed approach to reviewing the Retail Distribution Review (RDR) and the [...]
FCA Say Complaints About Banks & Insurers Down by 5% in 2018 H2
The Financial Conduct Authority (FCA) has today published the complaints figures for regulated firms for the second half of 2018. During the second half of 2018 (2018 H2), [...]
FCA Report: Industry Reaction to Findings on Insurance Distribution
The FCA issued a report on the distribution of insurance products from the General Insurers, via the MGA and broker networks. In particular the FCA looked at whether [...]