Advisers have welcomed comments made by FCA chief executive Andrew Bailey that the professional indemnity insurance market is not working. Speaking at the Association of British Insurers’ annual conference this week, Bailey said while advice firm failures were smaller than those of banks, PI insurers were frequently writing contracts that excluded the losses, leaving the […]
The FCA plans to toughen its rules for crowdfunding firms, including extending mortgage-lending standards to loan-based platforms. The regulator today issued an update on its review of the loan-based and investment-based crowdfunding market. The regulator has proposed several new rules for the market, which it will consult on in early 2017. The new rules include […]
Money Marketing has been named the financial trade title of the year at the Santander Media Awards 2016, the second time this year it has won this award. Former head of news Sam Brodbeck also won the judge’s award for trade article of the year, for his cover story on how providers continue to flaunt […]
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Well, it’s been lovely to see a little bit of sunshine, even if it was only a brief appearance. I live in Scotland so, believe me, it was very brief. Of course, with even the tiniest hint of spring, thoughts turn to the inevitable clearout that must take place. And that got me to thinking […]
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