FSCS
FSA : two new non executive directors appointed to the FSCS board
The Financial Services Authority (FSA) has appointed two new non-executive directors to the Board of the Financial Services Compensation Scheme (FSCS).
Marian Glen and Charles...
BIBA : alternative FSCS funding model to FSA
The British Insurance Brokers’ Association (BIBA) has proposed an alternative fairer structure for the Financial Services Compensation Scheme (FSCS) funding model, which has been...
FSA : rules telling banks to display depositor compensation arrangements
The Financial Services Authority (FSA) will require all banks, building societies and credit unions to prominently display posters and stickers in branches and on...
BIBA must continue to adapt and improve in order to be a leading UK trade association in the 21st Century
The British Insurance Brokers’ Association (BIBA) has appointed Deloittes to conduct a strategic review, and has warned brokers about political pressure in Europe for...
BIBA’s Eric Galbraith calls for better regulation and for government not to tax protection
The British Insurance Brokers’ Association (BIBA) has set out its Budget priorities to recognise the importance of risk management and insurance protection to assist...
BIBA : FSCS petition of 7000 signatures presented to MP
The British Insurance Brokers' Association (BIBA) has presented its Financial Services Compensation Scheme (FSCS) petition of nearly 7000 member signatures to Jonathan Evans MP...
BIBA calls for FSA to accelerate FSCS review
Eric Galbraith, Chief Executive of the British Insurance Brokers’ Association (BIBA), has called on the Financial Services Authority (FSA) to accelerate its fundamental review...
FSCS increase condemned by AMII
The Association of Medical Insurance Intermediaries (AMII) condemns the proposed 57% increase in this year’s Financial Services Compensation Scheme (FSCS) levy on its members...
Increase in FSCS for brokers in 2011
The British Insurance Brokers’ Association (BIBA) has warned that brokers will see increases in June for 2011/12 Financial Services Compensation Scheme (FSCS) levies of...
FSA confirm FSCS funding review delayed
BIBA has received the following communication from the FSA:
In response to industry calls to look at the funding arrangements for the FSCS following the...
FSCS has paid out £204m in compensation for 2009/10
The Financial Services Compensation Scheme’s (FSCS) annual report and accounts for 2009/10 has revealed that more than £204m has been paid out...
BIBA lobbying succeeds with review of financial services compensation scheme
Following months of lobbying, the British Insurance Brokers’ Association (BIBA) has received confirmation from the Financial Services Authority (FSA) that a review of the...
