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Insurers are not meeting the expectations of SMEs in their handling of insurance claims, a study by the UK's Financial Conduct Authority (FCA) has found. 22 May 2015
Fears that changes to law making it easier for people to access their pension savings more flexibly would lead to mass withdrawals from pension schemes have not yet materialised, according to one of the UK's largest pension providers. 21 May 2015
The 2015 Insurance Act will, subject to an 18-month transition period, introduce what the UK government has described as “the biggest reform to insurance contract law in more than a century”.
New rules will apply when insurers outsource "critical or important operation functions or activities" once the Solvency II regulatory regime comes into force on 1 January 2016. This short guide will provide a brief overview of the requirements, as well as...
Financial regulators have been using attestations for a number of years to obtain personal commitments from named individuals about a particular state of affairs at their firms. However, recent moves by the Financial Conduct Authority (FCA) and Prudential...
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...
On 28 March 2014, the Financial Conduct Authority (FCA) published a policy statement “PS14/5: Mutuality and with-profits funds: a way forward”.
This guide is based on the law of England and Wales. It was last updated in January 2013.
The cost of buying home and motor insurance in instalments is not being detailed sufficiently clearly to consumers, the City regulator has said. 11 May 2015
Changes to the way in which banks will be expected to account for expected credit losses on their balance sheets from 2018 are "conducive to the European public good", according to an advisory committee. 08 May 2015
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