The FCA has published its long awaited General Insurance Pricing Practices Policy Statement, all 200+ pages of it. It represents one of the biggest regulatory changes in years. John King explains what this means for insurance brokers.
Supreme Court Rules in Covid-19 Business Interruption Test Case
The Supreme Court has ruled in the Covid-19 Business Interruption test case. The decision provides definitive guidance on the operation of business interruption insurance policies. What does this mean for insurance brokers?
FOS Propose to Increase Fees
In December, the Financial Ombudsman Service (FOS) published its public consultation on its proposed plans and budget for 2021/22. The consultation highlights the challenges the FOS has experienced and how Covid-19 has impacted its work and plans for the next two years.
RWA launches FREE regulatory horizon gap analysis’
Even though the FCA have extended the SM&CR deadline, it is clear that firms should use the extension to ensure they can meet all the required elements. Find out how RWA can help guide firms through this changing regulatory landscape.
RegData – What Do I Need to Know?
RegData is the FCA’s new platform for the reporting of regulatory data, replacing Gabriel. What do firms need to do to be ready for the move?
CASS – The FCA Being True to Its Word
As the Covid-19 pandemic continues to test firms’ operational and financial resilience, Bruce Fayle and Grant Scott explore the need for an ‘iron clad’ approach to client money processes.
Brexit Transition Deadline Approaches
As the end of the Brexit transition period approaches, the FCA has published extensive guidance and resources on what firms need to do.
Are you monitoring customer outcomes?
Kirk Ford explains the six customer outcomes that the FCA expects firms to meet to achieve the fair treatment of customers.
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.