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Regulation

Regulation

PPI continues at the top, but complaints reduce - FCA

Complaints data published by the FCA has showed 2,479,029 new complaints opened against financial services firms between July and December 2013.

clock 09 April 2014 •

Regulation

UK will be fastest growing G7 economy this year - IMF

The International Monetary Fund (IMF) has upgraded its UK GDP forecast and now predicts the country will see stronger growth than any other G7 economy this year.

clock 09 April 2014 •

Regulation

FCA finds 73% of adviser firms unclear on advice costs

Nearly three quarters of firms are still failing to show clients the true cost of advice, the regulator has found in what it calls a "wake-up call" for the industry which has already put two firms at risk of enforcement action.

clock 07 April 2014 • 3 min read

PMI

Healthcare Market Review will not extend the market - Capita Employee Benefits

Savings as a result of today's Competition and Markets Authority (CMA) final report into the private healthcare market are likely to be absorbed by employers, rather than benefit employees through wider cover, Capita Employee Benefits' analysis shows....

clock 02 April 2014 •

PMI

Insurers promise to pass healthcare competition savings on to customers

Private medical insurers (PMIs) are promising to pass on any savings made from the Competition and Market Authority's (CMA) final remedies for the private healthcare market to customers.

clock 02 April 2014 •

Regulation

CMA eases demands on hospital groups in private healthcare review

The Competition and Markets Authority (CMA) is reducing some of its demands on private healthcare providers and practitioners to address lack of competition and consumer detriment issues in the market.

clock 02 April 2014 •

Regulation

Chancellor joins the fray over 'damaging' FCA probe leak

Chancellor George Osborne has written to the chairman of the Financial Conduct Authority (FCA) criticising the regulator for its "damaging" behaviour in releasing details of its investigation into insurance policies before a formal announcement.

clock 01 April 2014 • 2 min read

Regulation

FCA promises tough action as it takes control of consumer credit

The Financial Conduct Authority has taken control of the consumer credit industry from today promising tough rules for short-term high-cost credit firms and debt management companies.

clock 01 April 2014 •

Regulation

Campaigners cheer FCA pledge to consult on advisers' 'uncapped liability'

Industry campaigners have welcomed confirmation the Financial Conduct Authority (FCA) will consult on the re-introduction of a 15-year time limit on complaints against advisers reaching the Financial Ombudsman Service (FOS).

clock 31 March 2014 •

Regulation

Adviser FCA fees down 19% after fee block realignment

Financial advisory businesses will contribute £68m to the Financial Conduct Authority's funding requirement for 2014-2015, a near-19% reduction on last year following a re-working of the regulator's fee blocks.

clock 31 March 2014 •
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