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Carl Lamb: Isn’t it time the FCA caught the outlaws?

It is a sad fact that there are still crooks and incompetents out there in our industry creating financial mayhem with their clients’ money. Just last month we had headlines in our local press about an IFA firm near Norwich. The two principals of the firm were arrested and were being questioned by the police […]

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Serious Fraud Office in plea for £21m in extra funding

The Serious Fraud Office has requested an extra £21.1m in funding from parliament, with £15.5m sought urgently. The demand was revealed in a statement to parliament from Solicitor General Robert Buckland, and comes six months after the SFO requested a further £10m from MPs. The SFO operates on an annual budget of around £33m, but […]

Tom Baigrie: A vintage year for the protection market

Although it is far too early to tell whether the protection market grew in 2015, it felt to me like a vintage year. On the retail side, Insurance Conduct of Business Sourcebook regulatory activity was minimal, which may explain why there was so much excellent innovation in the sector. A host of new insurers came, […]

Cofunds recruits former Fidelity UK boss as operations director

Cofunds has recruited Marc Bulstrode as operations director. Bulstrode, who was previously head of change and business management in Fidelity’s UK business, has been charged with developing Cofunds’ service offering for institutional and retail clients. He has previously held senior roles at Barclays and Old Mutual. Cofunds chief executive David Hobbs says: “It is great […]

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A more personal approach to underwriting

Development Underwriter Toni Liddell talks about how changes to Royal London’s underwriting approach have resulted in products and services that better meet customers’ needs, including those with existing medical conditions. How would you describe Royal London’s approach to underwriting? Underwriting philosophy touches every part of our business – from product development through to claims. We […]

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