This amounts to up to 40,000 unregulated plan sales a year
Reaction from insurers
Revamp of FS Register on cards
Instead of happening after Brexit, The Financial Guidance and Claims Bill will now happen before the end of the year
Marshall Bailey is to become the next chair of the Financial Services Compensation Scheme (FSCS).
The Financial Conduct Authority's (FCA) independent arbitration panel, the regulatory decisions committee (RDC), saw case referrals jump by two-thirds (65%) in 2017.
The FCA has confirmed that, while businesses will have to identify certified staff from day one under the Senior Managers & Certification Regime (SM&CR), they will have a year to complete fitness and propriety assessments.