Regulatory: FCA Changes Rules on Car Dealer Finance Commission
The Financial Conduct Authority (FCA) has today announced plans to ban the way in which some car retailers, and other brokers in the motor finance sector, receive commission. [...]
regulatory
Legal Update: ACSO Makes Key Hires to Advisory Committee
The Association of Consumer Support Organisations (ACSO), the trade body which represents the interests of consumers in the civil justice system and the organisations who [...]
Pension Sale Regulation: FCA Dishes Out £23m Fine to The Pru
The Financial Conduct Authority (FCA) has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of [...]
Legal: tifgroup Welcomes EU Decision on ASPE Travel Insurance Complaints
tifgroup, Britain’s leading travel insurance company, has welcomed the European Commission’s (EC) decision to not investigate complaints put forward by the Spanish [...]
London Market: Lloyd’s Launches New Contract Checker Tool
Lloyd’s has launched a new software tool to improve the quality of insurance contract review across the world. The tool, Contract Confidence, uses advanced search [...]
Regulatory: Wellington Management Joins ABI as Associate Member
The ABI is pleased to announce that Wellington Management has become its latest associate member. Wellington Management serves as an adviser to clients in over 60 countries [...]
Corporate: Guernsey Win-Win with Hybrid Insurance/Investment Licence
Innovations including the introduction of 30-day rollover and the introduction of the ‘hybrid’ – a combined licensed insurance company and a regulated investment fund [...]
UK Industry Develops Anti-Fraud Database, 11 Insurers Sign Up
A key milestone has been reached in developing an industry-wide counter fraud intelligence sharing platform today, as 11 market-leading insurers gained access to the [...]