CII’s Connell tackles FCA’s latest Greatest Hits compilation

Trade Voice: Dr Matthew Connell, director of policy and public affairs at the Chartered Insurance Institute, outlines how firms can push back against the notion they are all as bad as each other.

Regulators are often accused of regulating with the benefit of hindsight. That cannot be said of the Financial Conduct Authority’s recent ‘Dear CEO’ letter on insurance and the Consumer Duty.

The

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FCA overwhelmed by feedback on naming and shaming

Emily Shepperd, chief operating officer of the Financial Conduct Authority, has said the regulator will “really take our time” when considering its proposed plans to name firms it is investigating before any decision has been made.

Biba follows ABI in addressing premium finance

Less than a month after the Association of British Insurers published guidance for members providing premium finance to customers, the British Insurance Brokers’ Association has followed suit.