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FSA

Regulation

ABI reveals stress test concerns

The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority's decision to schedule a stress test during the implementation of Solvency II.

clock 24 March 2011 • 1 min read

Individual Protection

Simple products 'need baseline standards and govt approval'

Simple protection products need baseline standards and a goverment recognised stamp of approval, according to the chairman of trade body Protect.

clock 24 March 2011 • 2 min read

Regulation

Future regulation plans are industry's 'worst nightmare'

The proposed new regulatory structure is the industry's "worst nightmare", according to a respected regulation and insurance lawyer.

clock 14 March 2011 • 2 min read

PMI

OFT will not examine PMI provider transparency

The Office of Fair Trading (OFT) has confirmed that it will investigate the restrictions placed on practicing consultants by private medical insurers (PMIs) and healthcare providers.

clock 10 March 2011 • 2 min read

uncategorised

Planet Insurance - HM Treasury and FSA on product regulation - what gives?

First HM Treasury consults on simple products, then the FSA on product regulation - what gives?

clock 08 March 2011 • 3 min read

Individual Protection

Protection and PMI most likely affected by ECJ gender ruling - FSA

The FSA expects protection and health insurance to be among the most likely product areas affected if the European Court of Justice (ECJ) rules that gender based pricing is illegal.

clock 16 February 2011 • 1 min read

PMI

AMII claims FSCS levy could close IFA businesses

The Association of Medical Insurance Intermediaries (AMII) has branded the proposed 57% increase in 2011's Financial Services Compensation Scheme (FSCS) levy as "unfair, excessive and totally inappropriate."

clock 10 February 2011 • 1 min read

Critical Illness

Advisers at risk after trade body mix-up on CI guides

Advisers are at risk of further FSA action as miscommunication between AIFA and the ABI means many are not aware of critical illness (CI) sales guidelines released last year.

clock 02 February 2011 • 2 min read

Regulation

Planet Insurance: Holloway products and the RDR

The FSA is consulting on exempting Holloway products from RDR fee-based payments, but the devil is in the detail as the exemption would not apply to all products.

clock 01 February 2011 • 3 min read

Service

FSA complaints data criticised but firms can do more

Insurance and investment companies could reduce their complaints significantly by improving their administration and customer service, according to a complaints survey.

clock 14 January 2011 • 2 min read
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