Insurance Regulation

FCA Upper Tribunal Decision on Two Individuals

Here’s the latest Tribunal decision from the FCA; The Upper Tribunal has upheld the Financial Conduct Authority’s (FCA) decision to ban Toni Fox and David Brian Price from working in financial services and revoke their […]

News

Aberdeen Transfers £3bn Worth of Pension Policies From Phoenix Life

It’s a significant deal for Aberdeen; Global investment company Aberdeen announces that £3bn of pension scheme policies have transferred from Phoenix Life Limited to abrdn Life and Pensions Limited (abrdn Life). The transfer relates to a […]

Technology

SAS Research Finds Consumers Want More Support on Fraud

Here are some useful findings from SAS, after they commissioned a sample of 13,500 people – much higher numbers than the usual 1200-1900 range. The results are interesting for insurance brands as they show a […]

Insurance Regulation

FCA Finally Takes Action on Post Office Cash Laundering

Latest from the FCA as they finally get to grips with the vast amounts of cash money laundering going through Post Offices to overseas accounts. Here’s the word; A series of measures designed to reduce […]

Insurance Regulation

FCA Investigates Price Fixing on Cash Transfers to Pakistan

In a statement of objections issued recently, the Financial Conduct Authority (FCA) alleges that Dollar East (International Travel & Money Transfer) Ltd, Hafiz Bros Travel & Money Transfer Limited, and LCC Trans-Sending Limited (including its […]

Opinion

Insurers Need to Think Carefully On Pension Transfers

This latest Opinion piece is by Sai Perry, Head of Solutions Europe and Asia, Clearwater Analytics. It looks at the challenges faced by pension fund managers, as they look to navigate the choppy investment waters […]

News

Moneytak Launches Off-Grid Payments Service

Carrousel Digital, the London-based financial boutique, and its partner, Paris-based Marbeuf Conseil et Recherche, the digital security designer, announce the launch of Moneytak, a system that enables the transmission of funds and/or documents between two electronic […]

Global insurance trends

Cash Is Being Phased Out Around the World, Says New Report

We spotted this on the FIS site recently, showing that cash is now becoming the 2nd payment choice in much of the world, not just developed economies. Can cash make a comeback after Covid? Seems […]