News
FCA: Social media guidance set for revamp
The FCA plans to take another significant step in its work to combat illegal and non-compliant financial promotions. The proposals for new social media guidance will modernise the information firms should use when promoting financial products or services online. For example, the FCA is consulting on extending its guidance to reflect...
FCA: Supporting Customers in Financial Difficulties
The FCA recently issued a policy statement 'Finalised insurance guidance on supporting customers in financial difficulty'. In January 2023, the FCA published a consultation paper (CP23/1) on insurance guidance for supporting customers in financial difficulty. This was to replace the insurance aspects of finalised guidance for insurance and premium...
IIM Pride 2023
Join the Insurance Institute of Manchester at Manchester’s LGBTQ+ Pride Parade and Make a Difference!
Calling all proud individuals, allies, and advocates of the LGBTQ+ community! Register here. It's time to mark your calendars for the much-anticipated Manchester LGBTQ+ Pride Parade, happening on Saturday 26th August 2023. Get ready to celebrate...
Alcohol Awareness Week (3-9 July 2023)
Alcohol Awareness Week runs from 3-9 July. The national event, organised by Alcohol Change UK raises awareness about the potentially damaging effects of drinking too much. The theme for this year’s event is the true cost of alcohol - this can mean health costs, financial worries, relationship breakdowns and family...
One month to go for the Consumer Duty – are you ready?
From the 31st July 2023, the Consumer Duty comes into force for new and existing products and services that are open for sale or renewal. Use the questions below to make sure you're prepared. The FCA issued a Podcast on Outcomes testing, results of the Consumer Duty Survey and also 10...
Exhibiting at the Broker Investment Group Conference 27th June 2023
We are exhibiting at the Broker Investment Group Conference on 27th June 2023 at the luxurious Carden Park in Cheshire. This captivating event features distinguished keynote speakers sharing their expertise on the critical subject of “Partnering for Success”. There is also the opportunity to engage with industry professionals and exchange knowledge with...
June 2023 is Pride Month!
June is Pride Month in the UK, so expect to see a wide range of events, parades, marches, and discussions taking place providing opportunities for LGBTQ+ individuals and their allies to make their voices heard. Our very own Adrian Golifer, joint Diversity Coordinator of the Insurance Institute of Manchester: explains what...
“Do the right thing” – FCA publishes speech by Therese Chambers (Joint Executive Director of Enforcement and Market Oversight at the FCA)
Published 1st June 2023 Speech by Therese Chambers, Joint Executive Director of Enforcement and Market Oversight at the FCA, delivered at the City & Financial FCA Investigations and Enforcement Summit.
Highlights
Doing the right thing as part of your day job is easy in financial services and far more rewarding in the...
Insurance Charities Awareness Week
Dates for the diary: 19th to 23rd June 2023 Each year the Insurance Charities supports hundreds of insurance employees and their families in times of need. If can transform lives for the better and provide and essential lifeline for as long as it's needed. It is the only charity in the...
Supporting Mummy’s Star
Mummy’s Star is the only charity in the UK and Ireland dedicated to women and birthing people diagnosed with cancer during pregnancy or within 12 months of giving birth, and their families. Their mission is to provide cancer support to every family facing this traumatic situation. They act as an advocacy...
FCA publish – Financial Lives January 2023: Consumer experience of the rising cost of living.
Published 17th May 2023! We are providing selected statistics in this research note from our Financial Lives cost of living (Jan 2023) recontact survey, to give an insight into the financial situation UK adults experienced over the 6 months to January 2023. Not the full financial lives survey - this is expected...
FCA outlines where improvements are needed in ESG benchmarks
In September 2022, the FCA sent a portfolio letter to benchmark administrators where they highlighted the risk of poor disclosures for ESG benchmarks. High quality ESG benchmarks are important to support trust in the market for ESG products and the transition to a net zero...
