Regulation

If an independent body is not appointed to monitor the regulator's performance, the Association of Professional Advisers (APFA) will take on the task itself, the body's chairman told members in a defiant speech last night.

Bank of England governor Mervyn King has said the UK economy may contract once again in the fourth quarter of 2012 despite moving out of recession in Q3.

The Money Advice Service (MAS) has generated the ire of Facebook users by posting unwanted sponsored material on the pages of other users on the social networking site.

F&TRC Protection Forum has compiled a matrix of key issues, simplifying where each provider stand to aid intermediaries during the countdown to G-Day.

The Financial Conduct Authority (FCA) will be run as a consumer champion and not for the benefit of member firms, according to a leading regulatory lawyer.

Avelo has launched a dedicated G-day Focus Centre on its Exchange Portal to help advisers understand changes to providers' products being planned in response to the Gender Directive.

Protection advisers should fully expect a regulatory review of commission, Jelf has warned.

LV= will now switch its protection business to gender neutral rates on 10 December 2012, and is extending its ‘G Day Guarantee' to ensure all applications received before this date are processed on gender specific rates.

Brokers across the country could soon be expected to comply with an official British Insurance Brokers' Association code of conduct.

The chairman designate of the incoming Financial Conduct Authority (FCA) has said talking to regulated businesses will be a key part of his role at the regulator, and sales incentives are at the top of his agenda.