The Financial Conduct Authority (FCA) is reviewing its authorisation process to determine how it can better stop "bad actors" from re-entering the industry, it has said.
Speaking at the presentation of its business plan, the regulator's investment wholesale and specialist director of supervision, Megan Butler, said the FCA was aware of individuals moving from firm to firm as well as phoenixing firms. She said: "It's a concern the industry has and it's a concern we share. And it's one where we are gathering the best data we can and working with the industry to do that. It's very important we keep some of those individuals and firms out of business." Phoenixing...
British Friendly has become the first insurer to complete the new Disability Confidence & Awareness training by Disability Rights UK (DRUK).
Old Mutual Wealth will help people meet the escalating cost of funerals by advancing payment of the sum assured up to £10,000 across several products including its Protect range.
Defaqto has released a guide for advisers, sponsored by Aegon, which provides information on business and personal protection for small business owners.
Fiona Murphy meets Tim Stoves, managing director of Canada Life Group Insurance.