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British banks and financial firms could have to pay £33 billion more in compensation over PPI, for not telling clients about commission charges, a research company has predicted, according to a Reuters report . 31 Jul 2015
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
A new EU directive which will make it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection is close to final adoption.
Those producing or selling packaged retail investment and insurance-based investment products (PRIIPs) will have to produce key information documents (KIDs) as a result of planned EU legislation designed to make it easier for retail investors to compare products...
This guide was last updated in July 2012.
This guide is subject to UK law and was last updated on 26th August 2010.
This guide is based on UK law. It was last updated on 20th November 2008. From 1st April 2009, insurance intermediaries in the UK will be subject to new rules and guidance on outsourcing and managi...
This guide is based on the law of England and Wales. It was last updated on 9th December 2010.
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
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
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