Funding increase of 15% for FSA 'could be passed to consumers', ABI warns

A "massive increase" in regulatory fees proposed by the Financial Services Authority (FSA) to cover its programme of work for 2012/13 will inevitably be passed on to small companies and private customers, an industry body has warned. 06 Feb 2012

EIOPA 'concerned' by European Commission delays to Solvency II implementation

Insurance The new European insurance and pensions regulator has expressed its "concern" over continuing delays to the implementation of new risk management and solvency requirements for insurers. 03 Feb 2012

Out-Law Guides

  • What insurers need to know about the Remuneration Code

    This guide is subject to UK law and was last updated on 19th January 2011. The FSA's revised Remuneration Code may not apply directly to insurers, but this does not mean they will be able to avoid...

  • The financial regulation reforms and insurance

    This guide is subject to UK law and was last updated on 11th July 2011. The Prudential Regulation Authority (PRA) will now have a specific insurance objective when it takes over the prudential...

  • PPI: complaints handling and redress

    This guide is based on UK law. It was last updated on 10th May 2011. New rules and guidance on handling and redressing customer complaints about payment protection insurance (PPI) came into force o...

  • What insurers should know about charity tie-ins and sponsorship

    This guide is based on the law of England and Wales. It was last updated on 29th April 2009 . Charity tie-ins and publicly sponsoring charities can be an important marketing tool for many insurers....

  • Gender discrimination and insurance

    This guide is based on UK law and was last updated on 14th March 2011. From 21st December 2012, insurers will no longer be able to use gender as a factor in the calculation of premiums and benefits...

  • Age discrimination and insurance

    This guide is based on the law of England and Wales and was last updated on 14th March 2011 . The Government is proposing to allow insurers to continue to use age as a factor in the assessment of...

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