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Regulation

Regulation

CII membership up 6%, surplus up 142%

The Chartered Insurance Institute has published its Annual Review for 2011, showing a 6% rise in membership and an operating surplus of £1.85m, more than double last year's £0.764m

clock 09 May 2012 •

Regulation

Planet Insurance - How the Gender Directive spills into annuities

Some unintended consequences are looming in the pensions and annuities market. As we have known for some time, the use of risk assessment based on gender for insurance policies will be illegal from 21 December 2012. But the EU Commission has now said...

clock 08 May 2012 •

Regulation

New regulator to push banks towards 'good' profits

The Financial Services Authority (FSA) has told banks the new regulatory system will push them to weed out potentially harmful products and demand they pay particular attention to treating customers fairly.

clock 04 May 2012 •

Regulation

FSA: 30-month rule applies to RDR requirements

The Financial Services Authority (FSA) has confirmed that the 30-month rule applies to most Retail Distribution Review (RDR) activities.

clock 01 May 2012 •

Regulation

PPI payouts hit £3 billion for consumers

Redress paid to customers who complained about the sale of payment protection insurance (PPI) has now reached £3bn, according to the FSA.

clock 01 May 2012 •

Regulation

Got ten seconds? PruProtect wants your opinion

If you have a moment, PruProtect is interested on your views about tax changes, combined with the gender directive.

clock 01 May 2012 •

Regulation

CII launches employee framework

The Chartered Insurance Institute has launched an Insurance Competency Framework enabling businesses and individuals to determine the competencies individuals need to effectively fulfil their job roles.

clock 27 April 2012 •

Regulation

FSCS more than doubles levy and warns of more to come

The Financial Services Compensation Scheme (FSCS) has more than doubled the annual levy for financial advisers for 2012/13, largely as a result of known claims relating to Arch Cru and MF Global.

clock 27 April 2012 •

Regulation

Campaign to cut claims management companies out of PPI

Consumer groups, the regulator, banks and credit card providers are to come together to cut claims management companies (CMCs) out of the payment protection insurance (PPI) compensation process.

clock 20 April 2012 •

Regulation

Ageas Protect launches protection legislation training platform

Ageas Protect has launched a technical communication programme, through e-mails and its website, helping protection intermediaries understand the impact of legislation towards the end of 2012.

clock 18 April 2012 •
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