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Consumers confused about difference between "independent" and "restricted" advice, says FCA, as first post-RDR review published

Consumers are still struggling to understand the meanings of the regulatory labels applied to different types of financial advice, such as "independent" and "restricted", two years after the introduction of new transparency rules, the Financial Conduct Authority... 16 Dec 2014

Centralised driver data sharing service for motor insurance industry gets underway

The government's Driver and Vehicle Licensing Agency (DVLS) will share some driver details with insurers to help calculate premiums. The information will only be shared with drivers' permission. 11 Dec 2014

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PPI broker which failed to assess customer's needs acted on behalf of customer, not credit provider, rules Supreme Court

The failure by a broker to conduct a proper assessment of the needs of an insurance customer before brokering the sale of PPI insurance to them was not a failure committed in the name of the  credit provider, the UK Supreme Court has said.  26 Nov 2014

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