FCA allows four firms to sell Gap insurance

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The Financial Conduct Authority has confirmed that four insurance firms are now permitted to recommence their sales of guaranteed asset protection insurance.

In an update today (24 May), the FCA said the four firms that have been allowed to resume Gap sales “have done so with materially lower levels of commission being paid out to those selling GAP

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Five charged over collapse of law firm Axiom Ince

The Serious Fraud Office has charged five men, including two solicitors, with offences including fraud, forgery and the destruction of documents, following the collapse of the law firm Axiom Ince and alleged improper use of more than £60m of client money.

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