Unethical behaviour can thrive within distribution chains in the insurance sector, particularly if the chains are complex. This article will explore the ways in which ethical risks may arise within the insurance distribution chain, and how this can be mitigated.
Blog

Exploring the FCA’s Consultation on Consumer Credit Regulatory Returns: Part 2
This article is the second of a two-part series exploring the FCA’s proposed new Consumer Credit Regulatory Return CR009 and will focus on what the enhanced reporting requirements proposals mean for credit broking firms and the data the FCA proposes to collect.

Recruitment with Soft Skills in Mind
Soft skills are increasingly important for recruiting new talent in the workplace. This article explores the benefits of developing soft skills for both firms and employees.

Why a Tick-Box Approach to Compliance and Training is Not the Answer
In this article, originally published by T&C News, Tom Wood, UKGI Compliance’s Head of Commercial, explores why firms should avoid taking a tick-box approach to compliance and training and the importance of working towards a holistic approach.

Record amount of Insurance Premium Tax (IPT) contributed by ABI members
The Association of British Insurers’ (ABI) reveals its members contributed a record £18.5bn in tax to the UK’s public finances over the last financial year.

Business leaders less likely to hire new workers following employment rights reforms
According to research from the Institute of Directors, 57% of business leaders will be less likely to hire new workers as a result of the Government’s planned employment rights legislation.

Exploring the FCA’s Consultation on Consumer Credit Regulatory Returns: Part 1
This article is the first of a two-part series exploring the FCA’s proposed new Consumer Credit Regulatory Return and will focus on the background, rationale, costs and benefits of the proposals.

Exploring the FCA review report on Principal firms’ AR oversight: Part Two
This article is the second of a two-part series. Last weeks’ article explored key findings from the FCA’ review in relation to firms’ self-assessments, annual reviews and their monitoring and oversight of ARs; this weeks’ article will explore the reviews findings in relation to firms’ approach to AR onboarding, termination and wind-down.

Lloyd’s Conduct Consultation Embodies Sector Struggle to Combat Non-financial Misconduct and Clarify Approach
Lloyd’s of London has announced it is consulting on changing its by-laws to combat misconduct in the commercial insurance market in a continuing battle to dispel its long-standing reputation for sexual harassment and inappropriate behaviour by market participants.