Is debt waiver the answer to the protection gap and the end of the PPI mis-selling saga? Paul Walsh finds out.
The £2bn payday loans industry has been referred for a full-blown investigation by the competition commission over concerns that firms benefit hugely from loans that borrowers can't pay back on time.
The FSA and Office of Fair Trading met last month with providers and advisers to debate short-term income protection final guidance. There were demands for the regulator to go further than simply highlighting PPI problems. Has the regulator done its job?...
The majority of polled advisers have said FSA and Office of Fair Trading final guidance on short-term income protection provides complete clarity, amid recent concern over the PPI-style-product guidance.
In January the FSA and OFT issued joint guidance on payment protection products. This is essential reading for IFAs selling protection products - especially those in the mortgage market.
The FSA has said it will provide further guidance on short-term income protection if it received individual demand for it, according to an attendee at a meeting with the regulator yesterday.
The Office of Fair Trading (OFT) and the Financial Services Authority (FSA) will be meeting with insurers and protection industry individuals to provide clarity on recent short-term income protection product (STIP) final guidance.
Firms distributing 'payment protection' products - such as short-term income protection - must ensure salespeople do not have inappropriate incentives to sell them, the Financial Services Authority (FSA) has stressed in new guidance.
Keep It Simple Stupid: The Review of Simple Financial Products is a significant strategic development in the protection sector. Richard Walsh highlights some key issues and a few problems in the making.
The Financial Services Authority (FSA) and Office of Fair Trading (OFT) have postponed the publication of final guidance on payment protection products.
The government has responded to the Office of Fair Trading market study of private and NHS dental markets.
NHS dental care information needs greater attention, Medicash has advised.
The Office of Fair Trading (OFT) has concluded the £5.73bn UK dentistry market is not always working in the best interests of patients.
Private medical Insurers (PMI) have endorsed the Office of Fair Trading referring the UK healthcare market to the Competition Commission and said they will take an active part in investigations.
The Office of Fair Trading (OFT) has referred the privately funded healthcare market to the Competition Commission for investigation.
Questions have been tabled in the House of Lords' asking the government for its assessment of key elements of the private medical insurance (PMI) market.
The Financial Services Consumer Panel has called for the new Financial Conduct Authority (FCA) to be given full responsibility for the regulation of retail financial services, including consumer credit.
The Office of Fair Trading (OFT) should consider healthcare trusts as the most transparent form of corporate private medical insurance (PMI), specialists have said.
Bupa has hit back at claims by doctors that its open referrals process is ‘flawed on several levels' and limits patient choice.
An industry expert has called for greater engagement by the protection industry to prevent regulation of payment protection insurance (PPI) hurting the protection market.
Happy new year, and some potentially good news on PMI premiums.
The FSA and the OFT are consulting on guidance to firms in relation to payment protection products - the first time the FSA has become involved in the design of a specific product.
With the medical insurance sector in a state of flux, Owain Thomas dons the white coat and protective glasses to scientifically investigate the issues.