The FCA has fined LBGI (Lloyds Bank General Insurance Limited, St Andrew’s Insurance Plc, Lloyds Bank Insurance Services Limited and Halifax General Insurance Services Limited) £90,688,400 for failing to ensure that language contained within millions of home insurance...
The FCA has issued a Dear CEO letter to general insurance intermediaries stressing the critical importance of maintaining adequate client money safeguards. The letter follows on from the work the FCA has completed in conjunction with its financial resilience surveys...
The FCA has published its final 2021/22 regulated fees and levies information. All fee-payers will be affected by this Policy Statement. Firms can use the online fees calculator to calculate their individual fees based on the final rates in the Policy Statement. This...
The FCA is sending a survey to all firms holding the credit broking permission. The survey was initially sent to 300 firms as a pilot exercise on 20th May 2021. The survey will provide the FCA with an updated view of how firms are using their credit broking...
These are the key questions that were raised during the recent FCA Consumer Duty webinar, with a precis of the FCA’s answers. How is this different to TCF and will this replace TCF outcomes? TCF has done a lot of good – it’s still relevant but results have not been...
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