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Ken Hogg to head FSA insurance sector

The FSA has appointed Ken Hogg to replace Sarah Wilson as insurance sector director at the regulator.

Hogg, currently interim chief financial officer at MGM Assurance, will take up the role on July 6. He was previously chief operating officer at AIG Life and also spent 20 years at Aegon, including time in a number of director roles.

Money Marketing revealed on March 11 that Wilson, who also headed the treating customers fairly initiative, was leaving the FSA. She has agreed to stay on for several more months in an advisory capacity.

The FSA says the insurance sector team aims to ensure that industry-wide insurance issues, which may pose a risk to the FSA’s objectives, are identified and resolved on a timely basis.

FSA managing director retail markets Jon Pain says: “I am delighted to announce this appointment. Ken has a wide and extensive experience of the insurance industry with a particularly strong actuarial background. He will be a valuable addition to the FSA senior team and our oversight of the insurance industry.”


Group therapy

Group risk benefits have long been among the least trumpeted financial incentives offered by employers. That looks about to change as trade body Group Risk Development (Grid) starts a programme of proactive public relations activity for the first time.

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.


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There are 3 comments at the moment, we would love to hear your opinion too.

  1. Really good news
    I sincerely hope that this is the first in a series of truly sensible appointments to senior positions at the regulator.

  2. Ken Hogg to head FSA insurance sector
    It would be interesting to know Sarah Wilson’s reasons for quitting the FSA. Maybe disgust at the FSA’s continuing programme of persecuting the IFA sector to the point of extinction, whilst the banks continue to be allowed to do more or less whatever they please with impunity? The latest Barclays mass misselling debacle is as prime an example of this as any. What has the FSA done about that? Nothing, or at least nothing that’s been reported in any journal or bulletin board that’s come to my attention.

  3. Ken Hogg to head FSA insurance sector
    With the Aviva scam rolling out its roadshows with its muppet. Will ken have any idea what needs to be sorted out or is he really taking over to give the insurance comanpies more clout to rob their policyholders.

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