FCA warns over insurance product commissions

The FCA has warned insurance firms that they must improve clarity on commissions they pay to intermediaries on insurance products and prove that commissions are not excessive.


FCA fines Lloyds Bank insurance arm nearly £91m


The Financial Conduct Authority has today fined Lloyds Banking Group’s general insurance arm nearly £91m for false promises on renewal premiums over an eight year period.


CII appoints Blanc as new President

The Chartered Insurance Institute (CII) has appointed Peter Blanc, CEO of chartered insurance broking firm Aston Lark, as its president for 2022.


ABI director general Evans to leave for KPMG partner role 

ABI director general Huw Evans is to quit at the end of the year for a new role as a partner at KPMG in its insurance and long-terms savings practice.

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