Only one complaint about the structure of private medical insurance (PMI) contracts has been forwarded to the FSA by the Office of Fair Trading (OFT), COVER has learned.
The Building Societies Association (BSA) believes regulatory intervention has provided a major barrier to insurance purchases and that the FSA's approach is "pretty flawed".
The modest-sized British Friendly has giant plans for the IP market. Its CEO Mark Myers reveals all to Paul Robertson
A 'read-across' of the retail distribution review (RDR) to the protection space remains a possibility and intermediaries must continue to lobby hard to prevent it, an industry consultant said.
The Financial Services Authority (FSA) has clarified the conditions firms need to meet to qualify for an exemption from the Retail Distribution Review's (RDR's) adviser charging and professionalism requirements when selling income protection products...
Are we simply opposed to simple products? Nick Jones investigates the simplicity minefield.
The Financial Ombudsman Service (FOS) has hit out at the FSA for not intervening to tackle the Payment Protection Insurance (PPI) problem sooner and criticised the industry for being addicted to regular mis-selling scandals.
The British Insurance Brokers' Association (Biba) has presented a petition of nearly 7000 member signatures to Parliament demanding the acceleration of the review into the funding of the Financial Services Compensation Scheme (FSCS).
The FSA has agreed to temporary arrangements for Barclays, Lloyds Banking Group and RBS to handle Payment Protection Insurance (PPI) complaints.
The British Bankers' Association (BBA) has drawn a line under its legal fight to avoid PPI mis-selling payouts.