News
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...
Speech by Sheldon Mills at the recent ‘Countdown to Implementation of the Consumer Duty’ event 22 February 2023
Speech by Sheldon Mills, Executive Director, Consumers and Competition, delivered at the 'Countdown to Implementation of the Consumer Duty' event, hosted by Deloitte LLP. "Call of Duty: How putting customers front and centre will help industry innovate" Click here for further details...
The problems of under insurance in Personal Lines insurance products – 14th April 2023 3.00-4.00pm
We are delighted to have Alan Chandler present our next Insurance Infusion session on Friday 14th April 2023 (3-4pm) This is FREE of charge to our clients. The problems of under insurance in Personal Lines insurance products This webinar, delivered by Alan Chandler, one of the most popular presenters in the UK,...
Random Act of Kindness (RAOK) Day on 17th February 2023
In our crazy, busy and scheduled worlds, we rarely take the time to slow down and reflect on how fortunate we are… Random Act of Kindness (RAOK) Day on 17th February 2023 provides just that opportunity This year we are collaborating as an Institute, and will have some volunteers, giving out bunches of daffodils...
FCA supports firms through the transition to implementing the Consumer Duty
As firms continue to get ready for the implementation of the Consumer Duty, the FCA is supporting firms through the transition with a programme of engagement, which includes setting out in letters the expectations of the Duty and arranging a series of regional in-person...
FCA highlights areas of focus for firms implementing the Consumer Duty
After the end of the October 2022 milestone for implementation plans, the FCA requested the Consumer Duty implementation plans from larger fixed firms with a dedicated FCA supervision team, who primarily operate in retail financial services markets as part of a multi-firm review. These were the firms with the greatest...
REMINDER: Change in Control – PRIOR approval needed…
It is imperative that Individuals or Companies that wish to acquire or increase control in a firm that we regulate must seek our prior approval. If you need help with this, please contact Tracy or Eilis. Click here for further details
FCA launches discussion on competition impacts of Big Tech on financial services industry
The FCA is seeking views on the potential competition benefits and harms from Big Tech firms’ entry into a range of retail financial services sectors.
The FCA has today released Discussion Paper 22/5 "The potential competition impacts of Big Tech entry and expansion in retail financial services". Please click here...
FCA presents selected data from latest Financial Lives Survey
The publication provides data on vulnerability and financial resilience, and insights into the financial positions of UK consumers in May 2022.
The FCA has published selected data for the latest Financial Lives Survey, the full survey report will be published in early 2023. Please click here to read the full...
World Menopause Day – 18th October 2022
World Menopause Day is held every year on the 18th October. This year's theme is Cognition and Mood. Designated by the International Menopause Society (IMS) this day is held to raise awareness of the menopause and to support options to improve health and well-being for women in mid-life and beyond. A couple of weeks...
