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General Insurance pricing practices market study
We have published the final findings of our general insurance pricing practices market study. As part of this, we set out a package of remedies to address the concerns identified. -
CPP card and identity protection compensation scheme closure
Clydesdale Bank Plc (part of National Australia Group Europe). Home Retail Group Insurance Services Limited. -
CP15/9: Strengthening accountability in banking: a new regulatory framework for individuals
The behaviour and culture within banks played a major role in the 2008-09 financial crisis, in conduct scandals such as Payment Protection Insurance mis-selling, the attempted manipulation of LIBOR -
Final Notice: Aviva Pension Trustees UK Limited, Aviva Wrap UK Limited [pdf]
This final notice refers to breaches of PRIN 3, PRIN 10, CASS Rules, SUP and SYSC related to client money/assets and culture/governance in the life insurance sector. We imposed a fine. -
The Financial Conduct Authority publishes its findings on transition management
Over £165 billion of assets invested in pensions and other large funds are transferred between investment managers, markets and products every year – potentially affecting the returns enjoyed by millions of consumers on their investments – by -
FSA - DP13/1 How the FCA could be more transparent
We are opening a debate into how the FCA and the financial services industry can be more transparent and we want you to take part in the discussion. -
montgomerykentinsurance.co.uk / tempdrive (Clone of FCA Authorised Firm)
montgomerykentinsurance.co.uk / tempdrive (Clone of FCA Authorised Firm) is not authorised or registered by the FCA but has been targeting people in the UK, claiming to be an authorised firm. Find out why you should be wary of dealing with this -
FCA launches discussion on improving the financial services compensation framework
FCA seeks views on fundamental questions about the purpose, scope and funding of it's compensation framework -
Coronavirus and customers in financial difficulty: additional guidance for insurance and premium finance firms [pdf]
This guidance (the October guidance) applies in the exceptional circumstances arising out of the coronavirus pandemic (Covid-19) and its impact on the financial situation of customers of insurance and premium finance involving regulated credit -
FCA publishes finalised guidance for the fair-treatment of closed-book customers
The Financial Conduct Authority (FCA) has today published its finalised guidance providing firms with detailed information on the actions they should be taking in order to treat their closed-book customers fairly. The FCA wants to ensure that -
To-do-list tension - UK households face an average of 33 tasks a week
75% of UK adults set to tackle their to-do-list over the Bank Holiday weekend ‘Sorting out finances’ is the UK’s most popular task, as the FCA encourages public to check whether they’re eligible to claim for PPI Rachel Riley and Mr