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Agreement reached on Insurance Distribution Directive

A new Insurance Distribution Directive (IDD) is a step closer to being finalised after EU law makers reached agreement on the planned reforms. 02 Jul 2015

FCA 'committed' to introducing means of measuring value of add-on insurance products

The UK's Financial Conduct Authority (FCA) has suggested three potential methods for calculating the relative value of general add-on insurance products, as a means of addressing its concerns about the lack of competition between providers and poor value for... 26 Jun 2015

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UK regulators are challenging insurers to embed cultural change further down chain of command, says expert

FOCUS: The Financial Conduct Authority (FCA) has been consistent and forceful in its insistence that financial firm culture must change to avoid another crisis. The challenge for insurers will be ensuring that these changes take effect throughout the business,... 22 Jun 2015

No evidence to suggest dominant companies using data in breach of competition rules, says CMA

An information-gathering exercise by the UK's main competition authority has uncovered no evidence that companies dominant in their markets are breaching competition rules by using consumer data in a way which abuses the dominance they enjoy. 18 Jun 2015

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