The FCA has proposed additional guidance to help insurance and premium finance customers who are in financial difficulties because of the impact of the Covid-19 pandemic.
Pure Protection – the lesser known general insurance product
Pure Protection contracts are arguably a lesser known general insurance product. Managing client expectations is important when advising on these products. Bruce Fayle explains why it is important that brokers should ensure that their TOBAs are clear about the scope of service that they can provide.
Price Walking: “Savings of Over £3.7bn over 10 Years”
The FCA’s proposed ban on ‘price walking’ is an important step forward in treating customers fairly. How are the changes likely to affect insurance intermediaries?
FCA Announces New Changes to Regulatory Reporting
The FCA is beginning the process of transferring Gabriel users to the new RegData platform.
To the Regulator, it’s Business as Usual!
Bruce Fayle provides a timely reminder of why firms should remain compliant with the FCA’s Threshold Conditions during these challenging times.
The Importance of Being Quorate
In all companies, it is crucial that the decisions of the Board are made validly and lawfully. To do so, a meeting must be quorate. What does this mean and how does it apply in practice?
FCA Proposes Reform to General Insurance Pricing Practices
The Financial Conduct Authority (FCA) is consulting on a major shake-up of home and motor insurance pricing practices, following concerns that these markets are not working well for consumers. John King explains the implications for general insurance brokers.
Despite the Pandemic, the FCA Has Been Relentless!
Just because we’re living and working during a global pandemic, this is not an excuse to cut corners with compliance. Bruce Fayle explains how the FCA meets its objectives.
High Court Rules in FCA Business Interruption Case
The High Court has delivered its much-anticipated judgement in the FCA’s Business Interruption test case. What does this mean for policyholders, brokers and insurers?