Staying on top

Regulation

clock

Although general insurance (GI) day has been and gone, the work is far from over. Branko Bjelobaba explains why intermediaries must ensure they stay ahead of the game

Eight months into statutory regulation, it appears that health insurance intermediaries can be divided into two distinct categories. Some feel they can take their foot off the compliance accelerator. Having achieved authorisation, this group believes that a few cursory considerations towards compliance in the day-to-day running of the business are all that is required to keep the Financial Services Authority (FSA) at bay. For others, the practical application of statutory regulation continues to dominate their working lives, and the frenzy of activity leading up to general insurance (GI) ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Regulation

FCA's SDR regulation will 'make advisers sit up and listen'

FCA's SDR regulation will 'make advisers sit up and listen'

‘There has to be a fundamental re-educating of the adviser community’

Isabel Baxter
clock 30 November 2023 • 4 min read
Advice/guidance boundary review will help 'bridge advice gap'

Advice/guidance boundary review will help 'bridge advice gap'

The FCA’s latest update leads to mixed reactions from the industry

Sahar Nazir
clock 04 August 2023 • 4 min read
FCA review confirms investment pathways working 'as intended'

FCA review confirms investment pathways working 'as intended'

No changes to initiative but industry called to better support savers

Holly Roach
clock 12 July 2023 • 3 min read