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Regulation - It's for everyone's protection

The FSA has never exactly been popular but a recent survey reveals how high dissatisfaction is - and now brokers claim even the customers are getting annoyed with being tied up by bureaucracy. Marcus Alcock reports

The Financial Services Authority may bang on about 'reputational risk' but in terms of its own reputation, the beleaguered organisation is not doing well in the eyes of insurance brokers. In its

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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