Requirement for advisers to justify joint life plans
Higher fee to claims management companies
Commitment to resolve 17% more cases
64% of all advice suitability complaints were upheld
"The PDG feel that compliance officers should review the restrictions they impose on their advisers"
Changes designed to incentivise firms to settle proactively
Baroness Manzoor reappointed until 2 August 2025
Compulsory jurisdiction levy frozen at £106m
Regulator has overcome ‘biggest stumbling blocks’ in rule implementation