Regulation

A government review of how the European Union impacts UK health has started and will run until next Summer.

The Financial Conduct Authority (FCA) must provide the industry with examples of good practice, something that has been "missing" from regulatory correspondence to date, according to the Chartered Insurance Institute (CII).

The Financial Services Authority (FSA) "should and could" have intervened in the Royal Bank of Scotland's (RBS's) ill-fated acquisition of ABN Amro, a damning report by the Treasury Committee concludes.

Barclays has put aside an extra £700m to compensate customers for the mis-selling of payment protection insurance, bringing total provisions to £2bn.

Some 43% of European insurers are unlikely to be prepared for Solvency II by 2014, research by Ernst & Young has revealed.

Aegon is to introduce gender neutral pricing on 17 December 2012 and is also taking this opportunity to introduce pricing in line with the change in basis of life office taxation, known as I-E.

LV= is offering a 5% discount on all income protection applications until 30 November 2012.

The Bank of England's Monetary Policy Committee is split over whether to commit to further quantitative easing, according to minutes from this month's meeting.

The British Insurance Brokers' Association (Biba) and the Association of Independent Financial Advisers (AIFA)have asked for further clarification from the Financial Services Authority (FSA) ahead of upcoming changes.

The Financial Conduct Authority (FCA) will likely "go further" than the Financial Services Authority (FSA) in challenging providers on their products' target markets and charges.