Distribution and the provision of financial advice have faced near-continual scrutiny over the course of the last fifteen years with the FCA and HM Treasury’s Financial Advice Market Review the latest in a long line of investigations. EPC staff have advised the Association of British Insurers, Financial Services Authority and others on the regulation of financial advisers including examining details of charging arrangements, the use of information to help the clients of financial advisers, the impact of significant changes in the structure of regulation of the sector and the extent of commission bias.
- Report on professionalism in insurance
A report for the Chartered Insurance Institute on professionalism in the insurance sector
- Advice on General Insurance Pricing Practices
Competition advice for one of the UK’s largest insurers on the FCA’s market study into General Insurance Pricing Practices
- Advice on wholesale insurance brokers
Competition advice on the FCA wholesale insurance brokers market study
- Advice on financial advice and distribution
Advice on various reviews including the Financial Advice Market Review and the Retail Distribution Review and follow on reports
- Advice on consumer investments market
Advice regarding regulatory issues within consumer investments
- Competition advice on the investment platform market study
Advice on the FCA’s market study into investment platforms
- Report on regulation of insurance brokers
A report for the British Insurance Brokers’ Association on future regulation for insurance brokers including a focus on the cost of regulation. Report published March 2011.
- Report on general insurance commission disclosure
A report for the ABI on commission disclosure in general insurance personal lines. Report published December 2010.
- Report on cost of financial advice
A report for the Association of British Insurers (ABI) on the cost of providing financial advice across different channels and products.
- Report on information disclosure
Reports for the Financial Services Authority on the benefits of information disclosure available here, the impact of commission disclosure for commercial insurance available here, the impacts of the menu for disclosing the cost of advice available here, and the impact of depolarisation available here.