Having reviewed how well Principal firms have embedded the requirements of the enhanced AR regime, the FCA has set out good practice and areas for improvement to help Principal firms effectively oversee and monitor their ARs. The FCA’s approach is in line with...
The FCA has published a Terms of Reference for a Market Study focusing on the distribution of ‘pure protection’ products to retail customers. The FCA is launching the study because of concerns that competition is not working well in the market. Pure protection...
In an interestingly timed publication, soon after the FCA Value Measures data publication and following the publication of the FCA Thematic Review TR24/2 (covered in last week’s update) , the FCA’s Financial Services Consumer Panel has published a research paper about...
Following a review of general insurance (GI) and pure protection (PP) manufacturers’ and distributors’ product oversight and governance arrangements, the FCA has published a Thematic Review – TR24/2 – “Product Oversight and Governance thematic review – General...
The FCA has published the annual Value Measures data for the calendar year 2023. In introducing the publication, the FCA has reminded firms that it wrote to manufacturers of GAP insurance in 2023 in relation to concerns over value. The FCA...
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