Regulation

A Financial Conduct Authority (FCA) decision to brief a national newspaper on its plans to review long-term insurance contracts - which prompted significant falls in the share prices of several major providers - was "high risk" and inadequate, according...

The Financial Ombudsman Service (FOS) has ruled out charging "nominal" fees to complainants, agreeing with Parliament's view the service must be free to ensure the public's confidence in it.

FCA executive and director of supervision Clive Adamson is to leave the organisation within months, according to reports.

The government is to report on progress in attracting more reinsurance business to the UK at Budget 2015, according to yesterday's Autumn Statement.

Regulatory enforcement is not just about increasing the size and frequency of fines, but about the industry forcing better behaviours by shunning wrongdoers, Financial Conduct Authority (FCA) enforcement director Tracey McDermott has said.

Barnett Waddingham has launched ‘SIIMPLIFY' which will allow companies to calculate standard formula capital requirements for Solvency II.

A test of more than half of Europe's insurers by market share has found that one in twelve are currently likely to fail to meet solvency capital requirements when the Solvency II regime launches in just over a year.

The number of advisory businesses entering the industry this year outnumbered those leaving by almost 40%, according to new research.

The Prudential Regulation Authority has published a consultation paper to introduce a accountability regime for insurance.

The number of financial adviser has risen slightly in the post-Retail Distribution Review (RDR) years, though has dipped since January, new figures have shown.