The latest update from the FCA for you; The Financial Conduct Authority (FCA) has censured Equity for Growth (Securities) Limited (EFG) for approving financial promotions relating to minibonds that were unfair, unclear and misleading. EFG approved financial promotions which failed to disclose very high commission fees charged by its appointed representatives and […]
The UK Competition and Markets Authority has fined Copart UK, after it identified breaches in the mergers process during the Copart UK acquisition of Hills. Here’s an extract from the CMA update below, which is […]
As the FCA sends out Top Up fee invoices to qualifying regulated firms, Premium Credit is offering business’ a finance facility to spread the cost over convenient monthly repayments rather than having to pay in […]
Car insurance could well be facing The Great Reset. In January, new FCA rules come into effect which mean that those who stay loyal to their insurer, will expect – maybe even demand – an […]
In this latest piece, Jess Hurley, P&C Market Lead, EIS, takes a look at how insurers can adapt to the new loyalty penalty rules. Out With The Loyalty Penalty and In With New Customer Strategies […]
The FCA has today published the final report of its market study into the pricing of home and motor insurance. The FCA is concerned these markets are not working well for consumers and is setting […]
The FCA has published an update on its key areas of interest as regards new rules and regulations, one of which is insurance renewals. Action is still likely on the `loyalty penalty’ issue, although nobody […]
A Freedom of Information request has revealed that the incidence of vehicle cloning is growing, but the true scale of the problem may be far greater than the numbers suggest. As more towns and cities […]
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