News
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...
World Mental Health Day 2022 – Miindful Manchester Wellbeing Support
World Mental Health Day
At Create Solutions we are passionate about helping our clients, their staff and our staff.
A few of us are members of the Insurance Institute of Manchester's Wellbeing Committee who raise further awareness of mental health and vulnerability issues.
The Miindful Committee have hosted many sessions for members; hundreds...
World Mental Health Day 2022 – Make mental health & well-being for all a global priority
Today is World Mental Health Day
Make mental health & well-being for all a global priority
At Create Solutions we have introduced Wellbeing sessions for our clients and hundreds of people have benefited from them this year.
The topics have included: * Staying Grounded * Listening Skills by the Samaritans * Emotional Eating * Finding Me in...
FCA release Consultation Paper CP22/19 with proposals to replace the FCA Financial Resilience Survey with a new regulatory return
Creation of a baseline financial resilience regulatory return
"We have published a Consultation Paper with proposals to replace the FCA Financial Resilience Survey with a new regulatory return during 2023. In doing so, we aim to: reduce the administrative and financial burden that an ad hoc survey places on...
FCA sets out potential interventions to reform multi-occupancy buildings insurance market
The Financial Conduct Authority (FCA) has today set out a range of recommendations and other potential remedies designed to give leaseholders greater protections from high prices and ensure the buildings insurance market operates better for leaseholders. To read the full press release click here... To read the FCA Report on insurance...
Monday 19th September 2022
