Financial Compensation Scheme (FSCS)
The interview: The charisma in compliance
When Steve White joined Biba in 2004, he brought with him a unique understanding of the application of FSA rules to insurance broking. He has since gone on to be crowned Compliance Personality of the Year 2010. Liz McMahon reports
CBI calls for greater female presence in boardrooms
All UK listed companies should have to set targets for the number of women in their boardrooms, according to the Confederation of British Industry (CBI).
Start-up brokers: New Year, new start-up?
What's on your New Year's resolutions for 2011? Get fit, give up the fags, start a new broking business? Malcolm Lee sets out what you need to consider to be a successful start-up broker.
FSCS review put on back burner
The Financial Services Authority (FSA) has put plans to overhaul the Financial Services Compensation Scheme (FSCS) on hold in the wake of this year's sharp levy hike.
2010 review: A year of living cautiously
The economy grew, rival political parties unexpectedly started working together and personal lines rates even hardened, although plenty of surprises and setbacks meant that 2010 was far from plain sailing, writes Andrew Tjaardstra.
Broker regulation - Viewpoint: Securing the future
John Greenway on how, after 23 years as an MP, he is now turning his attention to helping brokers with the new regulatory regime.
Regulator puts brakes on FSCS review
The Financial Services Authority (FSA) has put on hold plans to overhaul the Financial Services Compensation Scheme (FSCS) in the wake of this year’s sharp levy hike.
Reportage - FSCS redress: Speak now...
Colin Darnell gives practical advice on how brokers can act to mitigate the significantly increased FSCS levy as well as potentially help shape future funding arrangements.
Reportage - Future of regulation: Predicting the future
Everyone is aware the FSA is on its way out but what is less certain is how the new regulatory structure will operate. Liz McMahon explores what brokers can expect in the medium to long-term future.
Insurance Age blog: Never trust a banker
Just when you think that all of the banking world's dirty laundry must surely have been aired by now, another skeleton tumbles out of its rather large and murky closet.
Opportunity for brokers to slash their FSCS contribution
Brokers labouring under the demands of this year's Financial Services Compensation Scheme levy may be given the chance to resubmit their data and dramatically cut their contribution.
Insurers' PPI responsibility: Accepting responsibility
Against the backdrop of the recent FSCS levy increases, Martin Friel asks what responsibility insurers have for making sure products sold on their behalf are done so properly.
Broker Expo 2010: Interacting ideas
With a range of workshops, the introduction of one-to-one clinics and, of course, nearly 100 exhibition stands, Martin Friel explains why the Expo is the broker networking event of the year.
Management Clinic - Closing down: Heading for the door
The Financial Services Compensation Scheme fees hike was the last straw: I'm selling my book of business. Please tell me that it is straightforward to get away from the clutches of the Financial Services Authority.
Insurance Age has started blogging ... at last
Insurance Age now has its very own blog produced by the editorial team, editor Martin Friel, news editor Louise Meeson and senior reporter, Liz McMahon. Read on for the first couple of posts ...
Video: Axa claims MD puts weight behind broker levy fight
Axa's managing director of claims, David Williams, talks to Insurance Age about the FSCS levy and insurer responsibility for PPI mis-selling.
Viewpoint: It's PPI payback time
After months of speculation, the letter has arrived. Andrew Welch explores just how hard brokers have been hit by this year's soaring FSCS levy as the FSA claws back cash to cover claims from mis-sold PPI policies.
Power hour: A cooperative coalition?
This month's power hour assesses the impact the Con-Dem Government has already had on insurance and debates how it will continue to influence the industry in the future. Liz McMahon reports.
Editor's comment - August 2010
If one good thing has come out of the Financial Services Compensation Scheme (FSCS) levy debacle, it is that brokers have shown there is only so much they can take.
Broker Forum: PPI - possible solution
From the broking.co.uk Broker Forum, July 2010.
Brokers demand 'safe harbour' from PPI storm
The Financial Services Authority (FSA) has come under increasing pressure to force insurers to share the burden of compensation claims resulting from the widespread mis-selling of payment protection insurance (PPI).
FSCS has paid out over £200m in compensation
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out in compensation to over 21,000 claimants.