Insurance for multi-occupancy buildings
Following the Grenfell tragedy, the cost of insuring multi-occupancy buildings (such as flats) has increased considerably. Earlier this year, the FCA was asked by the Secretary of State for Levelling-up, Housing and Communities to review…
The fair treatment of vulnerable customers
In its Dear CEO letter to lenders on the rising cost of living, the FCA referenced an update on vulnerable customers. This important and useful update assesses the progress of firms…
Consumer Duty – next steps
AMI is working on a range of factsheets to provide a more in depth analysis of the rules and guidance, to assess the impact on our sector and to help firms understand what it is they need to do…
FCA financial resilience survey
The FCA has confirmed it will repeat its financial resilience survey. If your firm receives it, completion is mandatory…
Give the FCA nothing to see
The FCA’s Dear CEO letters are an early warning to those who want to listen and avoid falling foul of the regulator…
Energy cap set to rise by more than 80%
The energy regulator has confirmed its price cap will almost double to £3,549, up from £1,971…
Overcoming IP objections
Further to our latest podcast on Income Protection, we wanted to share something with you…
Compromise agreements
The FCA has seen an increase in the number of regulated firms proposing compromises to deal with significant liabilities to consumers, in particular redress liabilities…
AR regime review
AMI is engaging with the AR regime team at the FCA to raise some initial questions following the publication of the policy statement…
Switching success
Against a backdrop of last-minute rate pulls, lengthening pipelines and increasing regulatory burdens, it is refreshing to report some good news for the mortgage sector…
