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Regulation

Regulation

King expects no change to interest rates 'through 2013' - reports

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest, the Daily Telegraph reports.

clock 14 May 2012 •

Regulation

EU to force broker commission disclosure

The British Insurance Brokers' Association is warning that Europe could force mandatory commission disclosure on brokers by 2019.

clock 11 May 2012 •

Regulation

Bank maintains 0.5% base rate and leaves QE unchanged

The Bank of England's Monetary Policy Committee has resisted calls for further quantitative easing after leaving its programme of stimulus unchanged, with interest rates also kept on hold.

clock 10 May 2012 •

Regulation

FCA sets out plans for product intervention powers

The regulator has set out the circumstances under which the new Financial Conduct Authority (FCA) will exercise its temporary product intervention powers.

clock 10 May 2012 •

Regulation

RDR ready advisers are eyeing further qualifications - CII

More than 74,000 Chartered Insurance Institute (CII) exams were taken in financial services subjects in 2011, the CII has said in its Annual Review for 2011.

clock 09 May 2012 •

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 •
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