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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.

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LV= nets £1bn from final sale of GI business

Financial mutual LV= has sold the remaining 51% it held in its general insurance business to Allianz Group, it announced today.

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FCA details probe into ‘fair pricing’ in financial services

The Financial Conduct Authority has confirmed details of its probe into ‘fair pricing’ in financial services alongside a market study into how general insurance firms charge customers.

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FCA issues warning to general insurance firms

The FCA has warned it will “take action” against general insurance firms who flout renewal rules.

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