Regulation – Page 198
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FSA confirms 'industry guidance' status over disclosure
Trade bodies welcome regulator's approval for market solution
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Video reaction: Industry Guidance
Biba's Steve White explains what industry guidance means for brokers
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In Business
Border crossings
Rome II (yes, you read that right, it’s not Solvency II) came into force earlier this year. Nick Weston charts the fall-out
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News
Insurers push for clear guidelines on BER changes
Industry leaders react to the announcement that standard wording is set to lose its EU exemption
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ABI wants all new homes to have ‘minimum’ security
Association seeks support from government in campaign to help households on low incomes
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Biba’s Steve White on FSA rubber-stamp
The FSA has approved the industry’s solution for commission disclosure. Brokers will now be encouraged to follow the approach set out in the industry guidance to meet the relevant authority requirements for conflicts of interest, disclosure and transparency. The main focus is on placing more prominence on the customer’s right ...
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Eleventh-hour bid to stop FSA fee hike
Brokers, MPs and trade bodies line up against the regulator
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Insurance CEOs call for effective regulation
CEO's and think tank write to finance ministers of the G20
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98% of London market signs up to new trade body
LIIBA claims more firms could still join
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FSA warning on Manchester broker
Regulator concerned that client premiums were not passed on to insurers
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Agreement on Solvency II framework is reached
ABI laments "lost opportunity" for group supervision
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Turner reforms ‘will make it tougher to get loans’
Borrowing will become more expensive for insurers and brokers under FSA plans, say experts
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Insurers and brokers join top-level Home Office summit
More talks planned to combat low take-up of home insurance among Britain’s poorest families
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Standard wording to lose EU exemption
Commission withdraws insurer backing on standard security devices
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FSA fines broker for misleading clients
Blackburn-based broker also rapped for network control failings
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In Business
Five steps to fee-based broking
You’re a broker that makes money from commissions. But what you want to be is a broker that charges a fee. How do you make the switch without losing clients, asks David Grier
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Claims
Douse the flames
The insurance industry could do much to cut the cost of fire cover, writes Chris Hanks. Join his group for a start