Individual protection is in a position of strength at the beginning of 2018 according to early data but we should be cautious in the face of economic uncertainty and industry challenges, Scottish Widows' Johnny Timpson has advised.
Retiring from regulation
To 1 October 2018
The Financial Ombudsman Service (FOS) will maintain its current funding model for the next financial year despite recognising it is unsustainable in its current form.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.
'Independence was compromised'
Firms that fail to put processes in place to meet the requirements of MiFID II now will undoubtedly feel the strain - both financially and operationally - in the near future, warns Matt Riordan
8,000 firms receive paper invoices
Provider contribution idea welcomed
Ramifications for advice firms
‘Time to seek advice’
The Chartered Insurance Institute (CII) has appointed Melissa Collett as its new Professional Standards Director, leading its professional standards, ethics and conduct activity as a united profession.
To help reduce cost of advice
The Competition and Markets Authority (CMA) has published its final report following a market study into the use of price comparison sites and other apps.
GDPR in force May 2018
'Vary in effectiveness'
Advisers urged to start planning
Ahead of MiFID II
Case still open for five other insurers
Tokio Marine Group has applied for regulatory approval to establish an insurance company in Luxembourg.
Sesame most complained-about advice firm
Association of Medical Insurers and Intermediaries (AMII) chairman Stuart Scullion has described the FCA's decision to remove non-senior managers from the FCA register as a 'retrograde step.'
The Private Healthcare Information Network (PHIN) will publish performance measures for an additional 26 hospital sites offering private healthcare services from 4 September.
The Financial Services Compensation Scheme (FSCS) has clarified that it does not provide protection for individuals who have a funeral plan with a provider that fails.