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Regulation

PMI

FSA workload delays Simplyhealth purchase of Groupama

Simplyhealth's purchase of Groupama has been delayed due to the volume of work currently being imposed upon the FSA and legal system.

clock 25 October 2011 • 2 min read

Term Assurance

Health and protection disputes jump steeply

Protection and health insurance complaints to the Financial Ombudsman Service (FOS) leapt sharply in the second three months of the year.

clock 18 October 2011 • 1 min read

Regulation

Regulation could drive mutuals 'out of existence' - Exeter

Smaller mutual societies could disappear due to the increasing burden of regulatory costs, Exeter Family Friendly has warned.

clock 17 October 2011 • 2 min read

Insurer

Providers criticised amid call for regulation of 'diabolical' back book selling

The "diabolical" selling of protection back books needs to be regulated and restricted, with the new owners held accountable for the way the books are run, an industry expert says.

clock 11 October 2011 • 3 min read

Marketing

Industry messages to Govt 'often fragmented' - APPG

The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.

clock 10 October 2011 • 2 min read

Adviser / Broking

Biba approves renewal of FSCS funding review

The British Insurance Brokers' Association (Biba) has welcomed the FSA's decision to restart its funding review of the Financial Services Compensation Scheme (FSCS).

clock 03 October 2011 • 1 min read

Regulation

FSA: Protection has priority in simple advice process

Clients' protection needs must take priority over investment ones in a simplified advice regime, the FSA has said.

clock 15 September 2011 • 2 min read

Adviser / Broking

Broker trade bodies want lower regulatory barriers

The British Insurance Brokers' Association (Biba) and the Institute of Insurance Brokers (IIB) have called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.

clock 01 September 2011 • 2 min read

Regulation

Blog: Protection 'mis-selling' - here we go again!

It is perhaps not a little ironic that on the eve of deadline day for three major banking groups to resolve their pre-judicial review payment protection insurance (PPI) complaints, another possible ‘protection' mis-selling scandal is uncovered.

clock 31 August 2011 • 2 min read

Regulation

Market views: Mis-selling simple products?

HM Treasury believes simple products by definition should be allowed to be sold without advice.

clock 11 August 2011 • 5 min read
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