Financial Conduct Authority

Calls on firms to embrace the regulator’s proposals

New briefing published by charity

Three quarters held cover through employee benefits

Charges to be split into component parts: advice, fund, and product

“These behaviours diminish confidence in insurance”

Publication of multi-firm review highlights areas for improvements

Principals have ended relationships with over 1300 ARs

The regulators aim to highlight non-financial misconduct

To support Consumer Duty outcomes

Latest ‘Dear CEO’ letter lays out regulatory concerns