• PPI payout deadline considered
    • 02/10/2015
    • Posted by: Simon Wait
    • Category: News
    The UK’s financial regulator, Financial Conduct Authority (FCA) is considering a deadline for claims over mis-sold payment protection insurance (PPI). It expects that PPI customers would have until some time in early 2018, meaning lenders and consumers still have more thna 2 years to make claims and settle [...]
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  • Markerstudy acquires Lionheart Insurance
    • 04/09/2015
    • Posted by: Simon Wait
    • Category: News
    Motor insurance provider, Markerstudy, has acquired Birmingham-based Lionheart Insurance for an undisclosed sum. The deal, which has received approval from the Financial Conduct Authority, adds over 1,500 policyholders and more than £2m of premium to Markerstudy's retail arm. Directors, David and Alison Wilkes [...]
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  • FCA statement on Quindell PLC
    • 24/06/2015
    • Posted by: Simon Wait
    • Category: News
    The Financial Conduct Authority (FCA) notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and [...]
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  • FCA review reveals finance shortcomings
    • 11/05/2015
    • Posted by: Simon Wait
    • Category: News
    A Financial Conduct Authority (FCA) review has revealed that insurers and insurance intermediaries are not always providing customers with clear information about the different payment options available, when buying general insurance products. The FCA thematic review of premium finance focused on the online sale of [...]
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  • FCA plans opt-out ban
    • 25/03/2015
    • Posted by: Alan Feldberg
    • Category: News
    The Financial Conduct Authority today announced plans to ban opt-out selling in financial services markets. Opt-out selling is the practice of defaulting consumers into buying a product which they then have to opt out of, for example by using pre-ticked boxes to sell the consumer add-on insurance. Following a [...]
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