The FCA has reminded firms that its enhanced product governance rules came into force on 1st October 2021, and that they apply to manufacturers and distributors of almost all general insurance or pure protection products. Having found that a ‘material’ number of...
The Financial Ombudsman Service (FOS) has released a consultation paper setting out proposed temporary changes to the way it reports business-specific complaints and in particular the ‘uphold rate’. The Covid-19 pandemic has resulted in increased demand for the FOS...
Do you have experience in sales or business administration? Are you someone who enjoys working collaboratively across different business areas? If so, we want to hear from you. We’re looking for someone to join our team at UKGI providing Administration and Development...
The FCA is set to issue the fifth round of its Covid-19 Impact Survey to firms within the Tranche 2 Supervision portfolios. The survey is the same version that was issued to firms within Tranche 1 Supervision portfolios earlier this month; it will include the same 10...
According to the Association of British Insurers (ABI) its latest Motor Insurance Premium Tracker indicates that the average cost of motor insurance has dropped to its lowest in five years; with the average price of motor insurance falling by £38 within the first half...
In an update to its Regulatory Sandbox webpage the FCA have confirmed that the Sandbox will now be open year-round for firms. The sandbox is for authorised firms, unauthorised firms that require authorisation, and technology businesses that are looking to deliver...
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