Financial Services Authority (FSA)
Chartered broker websites 'overlook the basics', report finds
Brokers are downplaying their chartered status on company websites, according to research commissioned by Axa Commercial Lines and Personal Intermediary.
Post Blog: Innovate or withdraw
The FCA is likely to take a hard line on products that are not in the best interests of consumers, and insurers could be left with difficult decisions.
FCA to "revolutionise" consumer behaviour
The financial services industry needs to "brace itself" for a major change in the approach to competition by the regulator.
CII welcomes FCA clamp down on 'poor' business behaviour
The Chartered Insurance Institute has said it looks forward to the Financial Conduct Authority "punishing poor and unethical behaviour" as the new body launched a consultation paper on how it will operate.
ABI welcomes consumer-led FCA approach
The Association of British Insurers has backed Financial Conduct Authority boss Martin Wheatley's plans for consumer-focused regulation.
Wheatley unveils new regulation agenda
Martin Wheatley, incoming chief executive of the Financial Conduct Authority, aims to "reset" how the regulator works with financial firms and address "cross-industry issues" when it replaces the Financial Services Authority next year.
Brit hires new chief financial officer
Brit Insurance has appointed Andrew Baddeley as chief financial officer, replacing Scott Egan who left the business in April to join Towergate as group CFO.
Client money rules: Cash concerns
The Financial Services Authority's consultation on the handling of client money could have major implications for brokers of all sizes.
Animation could prove 'pivotal' to future risk analysis in insurance
Effective use of animation can convince underwriters to offer terms on risks they have declined to write previously, significantly reduce the time from risk assessment to contract and generate premium savings for the insured, according to a newly…
Post magazine - 11 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Lloyd's returns to profit with best combined ratio in five years
A benign catastrophe period helped return Lloyd's to profit in the first half of 2012 with a combined ratio of 88.7% compared with 113.3% in the same period last year.
FSA to change free float limit under new listing proposals
The Financial Services Authority has proposed plans to lower the free float limit for UK-listed companies as part of a package of reforms designed to enhance the listing regime.
ABI launches Retail Distribution Review jargon buster
The Association of British Insurers has created a guide for retail customers to help boost understanding of changes due under the Retail Distribution Review
Lloyds TSB tops GI complaints list
Lloyds TSB Bank received the highest number of complaints regarding general insurance and pure protection products in the first half of the year.
PPI complaints increase 129% in H1 2012
Financial Services Authority data has revealed that payment protection insurance has helped push up the number of complaints to financial services firms by 59% to 3.58 million in the first half of the this year.
View from the top: Opportunity continues to knock
Towergate is celebrating its 15th anniversary this month, leading Mark Hodges to think about how much the industry has changed in the firm's corporate lifetime.
Biba boss urges Financial Conduct Authority to regulate 'appropriately'
British Insurance Brokers' Association chief executive Eric Galbraith, pictured, has called for "more appropriate" regulation, and offered to "help point the gun" at problem areas to support the FCA's efforts to stamp out product mis-selling.
Direct Line Group: Divestment dilemma
The Royal Bank of Scotland may have formally announced plans for an initial public offering of Direct Line Group, but it still faces final decisions on the divestment of its insurance arm.
Lloyd's backs IPO access for small companies
Lloyd's of London has welcomed lower barriers to entry to the London Stock Exchange for small companies.
Periodical payment orders: Struggling with settlements
Periodical payment orders are being used to settle increasing numbers of serious personal injury claims, and their popularity is likely to continue. How can insurers cope with the challenges they present?
Biba boss calls for FCA to target non-GI intermediaries
The British Insurance Brokers' Association has called for the incoming Financial Conduct Authority to target non-insurance intermediaries, not the industry's brokers, in order stamp out mis-selling scandals and protect customers.
Wheatley approach a "gross distortion of process"
Law firm CMS Cameron McKenna has claimed that the approach by Martin Wheatley, incoming boss of the Financial Conduct Authority, to "shoot first and ask questions later" represents a "gross distortion of due process".
Expert legal view: The truth behind the headlines
Financial incentive schemes should be scrutinised and risk-assessed by an independent individual, say Christine Jenner and Mathew Rutter.
View from the top: Data holds answers - and questions
Collecting accurate client data and managing it effectively will help give you a competitive edge, says Phil Barton.