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FCA fines LBGI £90 million for failures in communications for home insurance renewals between 2009 and 2017
The FCA has fined LBGI (Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited) £90,688,400 for failing to ensure that language contained within -
Slides - Principals and their appointed representatives in the general insurance sector event [pdf]
We held an event with principal firms within the general insurance sector to set out our findings and expectations following our Thematic Review (TR16/6). -
Statement from the Prudential Regulation Authority announces changes to depositor and policyholder protection
The Prudential Regulation Authority (PRA) is today announcing changes to depositor and policyholder protection provided by the Financial Services Compensation Scheme (FSCS). For the majority of depositors currently covered by the FSCS, the existing -
Reforms will make financial advice and guidance work better for consumers
The report also urges the government to explore ways to improve the existing income tax and National Insurance exemption for employer-arranged pension advice. -
Free trade in financial services and global regulatory standards: friends not rivals
Speech by Andrew Bailey, Chief Executive of the FCA, at the Economic Council Financial Markets Policy Conference. -
Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions?
Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions? ... Occasional Paper No. 3: How does selling insurance as an add-on affect consumer decisions?. -
Business interruption insurance test case: tracked changes preliminary list of affected insurers and policies [pdf]
Tracked changes version so that you can see how this document has developed to date from the proposal published on 1 June 2020. This is a preliminary list of policy wordings which match the 19 policy wordings within the scope of the test case. -
PS22/13: Calculating redress for non-compliant pension transfer advice
We set out the changes to our methodology for calculating redress for consumers who suffered financial loss from transferring from a defined benefit to a defined contribution pension scheme following non-compliant advice. This includes former -
Sheree Howard appointed as FCA Executive Director of Risk and Compliance Oversight
The Financial Conduct Authority (FCA) has today announced that Sheree Howard has been appointed as Executive Director of Risk and Compliance Oversight (R&CO). -
Retail intermediary market interactive analysis 2021
This page provides the FCA's interactive dashboard of the intermediary sector, based on the 2021 data drawn from the Retail Mediation Activities Return (RMAR).