FCA critical of product oversight and governance in Thematic Review

The FCA is clearly unhappy with what they consider to be a lack of progress in embedding appropriate product oversight and governance within insurers and ...

Product Oversight and Governance thematic review

1.1. Financial products and services should meet customers' needs and offer fair value. As customers across the country are affected by the current cost of ...

FCA critical of product oversight and governance in insurance firms

An article on the FCA's recent product oversight and governance thematic review relating to general insurance and pure protection products ...

The FCA's Final Report on their Product Oversight and Governance ...

The FCA published its final report on the Product Oversight and Governance thematic review for General Insurance and Pure Protection (PROD 1.4 and 4) in Aug ...

FCA critical of product oversight and governance in Thematic Review

In Thematic Review TR24/2, the FCA criticises a lack of progress from insurers and intermediaries on product oversight and governance.

Key Insights from the FCA's Thematic Review on Product Oversight ...

In light of recent economic challenges, ensuring that financial products and services deliver fair value has become a critical focus for ...

FCA Thematic Review TR24/2: Implications for Insurance ...

The FCA found that, while most manufacturers have materially strengthened their product oversight and governance arrangements and had product ...

Thematic review of UK insurance urges firms to re-evaluate ...

The FCA has recently published a thematic review covering 67 manufacturers and distributors of general insurance and pure protection products.

Thematic Review TR24-2: Key Insights for General Insurance and ...

The FCA's thematic review underscores the importance of robust product oversight and governance in ensuring fair value and good outcomes for ...

FCA calls on insurers and brokers to demonstrate fair value and ...

Following a thematic review, the FCA has identified ... Following the FCA's review why not view the 'Product Oversight and Governance'?.

FCA protection review shows its 'patience is wavering' - FT Adviser

The FCA's review, 'Product Oversight and Governance thematic review – General Insurance and Pure Protection', examined whether firms were ...

FCA slams 'poor' PMI and protection product target market statements

It highlighted the issues in its TR24/2 Product Oversight and Governance thematic review – General Insurance and Pure Protection paper but did ...

TR24/2: General insurance and pure protection product governance ...

Firms should manufacture and distribute products that deliver fair value to customers. The FCA is disappointed to see many insurance firms ...

Thematic Review Report TR24/2 explained - Thistle Initiatives

The Financial Conduct Authority's (FCA) Thematic Review Report TR24/2 offers a critical examination of the governance and oversight ...

Briefing: FCA's thematic review demands greater disclosure from ...

In August 2024, the FCA published its latest thematic review, entitled Product Oversight and Governance Thematic Review for General Insurance ...

General Insurance and Pure Protection Product Governance ...

Following on from their work, on the 21st August 2024, the FCA released Thematic Review Report TR24/2. This report outlines the regulators view ...

Under the microscope: General Insurance and pure protection ...

The FCA carried out this review of insurance manufacturers and distributors' product oversight and governance arrangements, because it wanted to ...

FCA publishes review of the oversight of appointed representatives

The FCA's conclusions were similar to those of its recent review of monitoring under the Consumer Duty1: some principals have made efforts to ...

Rockstone Compliance & Risk Solutions posted on the topic | LinkedIn

The FCA has released its latest thematic review report (TR24/2) on Product Oversight and Governance, focusing on general insurance and pure ...

The need to think big picture about the FCA's recent Consumer Duty ...

This is likely to significantly raise the bar in terms of the depth of analysis and data required by firms to undertake Product Governance/FVAs, ...