Simplyhealth's purchase of Groupama has been delayed due to the volume of work currently being imposed upon the FSA and legal system.
Protection and health insurance complaints to the Financial Ombudsman Service (FOS) leapt sharply in the second three months of the year.
Smaller mutual societies could disappear due to the increasing burden of regulatory costs, Exeter Family Friendly has warned.
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.
The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.
The British Insurance Brokers' Association (Biba) has welcomed the FSA's decision to restart its funding review of the Financial Services Compensation Scheme (FSCS).
Clients' protection needs must take priority over investment ones in a simplified advice regime, the FSA has said.
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.
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.
HM Treasury believes simple products by definition should be allowed to be sold without advice.