Regulation

The Department of Work and Pensions (DWP) is taking action to improve Work Capability Assessments (WCA) by bringing in additional providers, the minister for employment has announced.

The Financial Conduct Authority (FCA) has banned and fined former insurance broker Paul Cable £140,000 for misleading a client into thinking they had taken out an insurance policy when they hadn't.

Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he "can't commit" to lowering advisers' regulatory fees, despite a marked drop in practitioner numbers.

The CII has added a level-4 protection module to its Cert CII (Health and Protection) qualification.

The Financial Ombudsman Service (FOS) has seen a 179% increase in complaints about financial products and services in the first quarter of the 2013/14 financial year.

Regulator bans IFAs permissions

Announcements on tax evasion and phoenixing to shed debt out today

The Ministry of Justice is holding a summit today to discuss the "predatory" conduct of claims management companies offering payment protection insurance claims management.

Regulatory reform costs of the former regulator, the Financial Services Authority (FSA) more than doubled in the last year of its operation and could in future be levied on firms, the FSA annual report has revealed today.

Insurance products that are marketed and sold through advisers need to undergo radical reform to ensure providers stay competitive in a post commission world, the CEO of Aegon has warned.