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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

FCA backs use of technology to improve consumer engagement with financial service communications

Using infographics, interactive apps and videos are among the ways financial services companies can better engage with customers, the Financial Conduct Authority (FCA) has said. 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

Ban on same-day sale of add-on motor insurance will encourage consumers to shop around, says FCA

New rules designed to encourage consumers to shop around before purchasing 'add-on' guaranteed asset protection (GAP) insurance with a car or other vehicle will come into force on 1 September 2015, the Financial Conduct Authority (FCA) has confirmed. 12 Jun 2015

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