Regulation

Regulatory enforcement is not just about increasing the size and frequency of fines, but about the industry forcing better behaviours by shunning wrongdoers, Financial Conduct Authority (FCA) enforcement director Tracey McDermott has said.

Barnett Waddingham has launched ‘SIIMPLIFY' which will allow companies to calculate standard formula capital requirements for Solvency II.

A test of more than half of Europe's insurers by market share has found that one in twelve are currently likely to fail to meet solvency capital requirements when the Solvency II regime launches in just over a year.

The number of advisory businesses entering the industry this year outnumbered those leaving by almost 40%, according to new research.

The Prudential Regulation Authority has published a consultation paper to introduce a accountability regime for insurance.

The number of financial adviser has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.

The House of Lords has appointed a new special public bill committee on the Insurance Bill.

The Financial Conduct Authority (FCA) is reluctant to provide further guidance on key advisory issues on which it has already offered direction, suggesting it would not be helpful.

Adrian Stevenson on the lessons the protection market can learn from car insurers in tackling deliberate non-disclosure

Financial Conduct Authority (FCA) technical specialist Rory Percival has denied there are "significant" differences in what the regulator thinks is adequate due diligence undertaken by firms and how the ombudsman finds in dispute cases.