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Arc offers identity theft and fraud protection cover

Arc Legal Assistance, the legal costs insurance provider, has launched a new service to protect policyholders against identity theft as new government estimates reveal the crime is costing the UK economy £1.7bn per year.

More than 100,000 people have their personal details stolen each year.

These are then used to open bank accounts, get credit cards or for other fraudulent purposes, such as accessing state benefits

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FCA ends premium finance probe looking like a tired parent

Editor’s View: Two years after the Financial Conduct Authority kicked off about premium finance, Emma Ann Hughes feels the regulator’s market study final report felt more like finger-wagging from a worn-out parent than meaningful action from a watchdog with a powerful bite.

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