Financial Conduct Authority (FCA)
Less than 30% of firms trust FCA's ability to promote competition
Just 28% of firms are confident in the Financial Conduct Authority's (FCA) ability to deliver effective competition, a survey has found.
FCA sets out funding rise as PPI storm lingers
New regulator increases annual funding requirement for FCA and PRA to £646.3m
FCA reveals approach to regulatory failure
The Financial Conduct Authority (FCA) has published its approach to investigating and reporting on regulatory failure.
FCA issues clone broker warning
The Financial Conduct Authority (FCA) has issued a warning against dealing with KBP Insurance Service Limited as it is not authorised to carry out regulated activities in the UK.
Lloyds tops FCA insurance complaints table
Lloyds TSB Bank received 312,668 complaints regarding general insurance and pure protection, according to the Financial Conduct Authority’s (FCA) latest figures.
Premium Credit to provide FCA fee payment service
Premium Credit has won a three-year contract to provide a payment service for the Financial Conduct Authority (FCA).
FCA announces £430m funding requirement
The Financial Conduct Authority (FCA) has announced an annual funding requirement (AFR) of £432.1m for 2013/14.
Power hour: Ready for regulation?
With a raft of new regulation in the pipeline, our panel of experts discusses whether brokers and insurers are ready for the upcoming changes. Andrew Pearce reports
FCA board members confirmed
The members of the Financial Conduct Authority (FCA) board have been confirmed for when the new regulator starts operating on 1 April 2013.
New broker regulator FCA to focus on add-on products
The incoming Financial Conduct Authority (FCA) is to focus on add-on products and services in the general insurance market.
Firms have no need to fear FCA, says Wheatley
Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), has stated that the new regulator will be less aggressive than the Financial Services Authority (FSA).
Chairmen named for incoming FCA practitioner panels
Three new chairmen have been appointed to the Financial Conduct Authority’s (FCA) independent panels.
Biba: IPT increase would be "counter-intuitive"
The British Insurance Brokers' Association (Biba) has warned the government ahead of the Budget that any increase in the standard rate of insurance premium tax (IPT) would be "counter-intuitive".
FSA branded stationery spend increased in year of regulator change
The Financial Services Authority (FSA) spent more on branded stationery for the 2012/2013 period than in either of the two preceding years.
Biba launches manifesto for 'year of change'
The British Insurance Brokers’ Association (Biba) has launched its 2013 manifesto entitled Meeting the Growth Challenge.
Biba reveals 2013 conference speakers
Martin Wheatley, CEO designate of the Financial Conduct Authority, David Miliband MP, Olympic cycling star Sir Chris Hoy MBE and entrepreneur Hilary Devey have all been named as headline speakers at this year’s British Insurance Brokers’ Association …
Sheila Nicoll to leave FSA
Sheila Nicoll, director of policy at the Financial Services Authority (FSA), has announced her decision to leave when it changes to the Financial Conduct Authority (FCA) in April.
Law firm issues mis-selling warning after FSA guidance
A leading law firm has warned firms to be "extremely careful" in designing sales incentives following the guidance issued by the Financial Services Authority (FSA).
FSA publishes mis-selling and incentive scheme guidance
The Financial Services Authority (FSA) has published final guidance in a move to help firms avoid creating and running incentive schemes that "drive mis-selling".
Perfect storm
Brokers face a volatile year of regulatory change
Queen labels FSA "toothless"
The Queen has blamed the Financial Services Authority (FSA) for lacking "teeth" ahead of the 2008 financial crisis.
Editor’s letter - December 2012
“Innovation, professionalism and sheer determination are just some of the qualities that have helped brokers turn the threats in 2012 into opportunities”
Biba urges government to re-think regulatory approach
The British Insurance Brokers’ Association (Biba) has called on the government to address regulation issues and to provide more support for the general insurance broking sector in the upcoming Autumn Statement.
Insurer regulation costs hit £730m
The UK general insurance sector is now paying well over £730m a year to cover the direct costs of regulation and compliance, according to research from Reynolds Porter Chamberlain RPC).