FSA anniversary

This month is the big anniverary of the first birthday of the Financial Services Authority (FSA) as the insurance market regulator. But how well do the new regulations sit with the market, and is some further tailoring needed to trim them into a more bespoke fit? With the Christmas spirit still lingering in the air, it is perhaps best to start on the positives. Nobody doubts the size of the task the FSA has taken on, and market opinion is generally that a good job has been done, with only certain areas in need of alteration. In moving into a statutory regulated environment, the biggest imp...