Capital requirements for insurers should be made substantially stronger says the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS).
A county court judge has ruled £8,000 worth of credit card debt is unrecoverable due to the ‘unfair' way in which PPI was sold with the product.
The British Insurance Brokers' Association (BIBA) has welcomed the recent clarification by George Osborne, the Shadow Chancellor of the Exchequer, where he promised to move cautiously in dismantling the FSA.
Financial services companies have lived with TCF for a while. Alistair Sclare considers whether it has been worth the pain of implementation.
The FSA has extended its regulation to encompass those that perform a ‘significant influence' function at firms. In a policy statement the FSA said it would place greater emphasis on the role of senior management, including non-executive directors (NEDs)....
The government's Green Paper on reform of the care and support system may result in widespread sales of long term care insurance
The Association of British Insurers (ABI) has signalled it intends the end of Total Permanent Disability (TPD).
The disclosure requirements proposed for restricted advice in the latest RDR consultation paper need to go further and require firms to use a mandatory form of words in their initial disclosure information, says Skandia.
Was the ban on payment protection insurance (PPI) sales by credit providers at the point at which credit is taken out a victory for consumers?
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