FCA
Ease PI burden on advisers, PFS urges
It has also asked the UK taxman to consider ‘acting as reinsurer of last resort for cover’
£100m hike in UK lifeboat scheme levy
Estimated £44m will be used just to compensate mini-bonds victims
Greyfriars AM and Berkeley Burke declared in default
Glasgow-based IFA business and West Midlands wealth manager also named by the UK lifeboat service
Insurers asked to waive fees and delay payments amid covid-19
To help clients who are struggling financially during the outbreak
UK regulator warns firms over offline clients
But it will show ‘flexibility’ in how it approaches customer communication during outbreak