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Large insurance brokers dealing in the wholesale market can expect to be "under serious scrutiny" from the regulator in the year ahead, an expert has said. 14 Nov 2017
Trade bodies for UK and EU insurers have welcomed calls by a European parliamentary committee to delay the introduction of the Insurance Distribution Directive (IDD) until October 2018, almost eight months later than planned. 19 Oct 2017
The Insurance Distribution Directive makes it easier for firms to trade cross-border, create a level playing field among all participants and strengthen policyholder protection.
Those producing or selling packaged retail investment and insurance-based investment products (PRIIPs) will have to provide key information documents (KIDs) from the end of 2016.
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.
LEGAL UPDATE: The FCA has published a policy statement setting out its near-final IDD rules including regimes for ancillary insurance intermediaries; professional, organisational and prudential requirements for insurance distributors; complaints... 28 Sep 2017
Advisers recommending insurance-based investment products (IBIPs) must make sure that any inducements will not have a "detrimental impact" on the quality of the relevant service from next year, the Financial Conduct Authority (FCA) has said. 28 Sep 2017
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