Endowment assurance represents a hybrid insurance product that seamlessly integrates life insurance coverage with a savings plan. This unique insurance arrangement is designed to offer both financial protection and an investment opportunity, catering to those who seek both security …

The Financial Conduct Authority (FCA)‘s introduction of the Consumer Duty marks a transformative shift in the regulatory landscape for businesses within the financial services sector. This comprehensive framework is designed to enhance consumer protection and reshape how firms operate. …

The Financial Conduct Authority (FCA) has established specific deadlines for firms to achieve compliance with the new Consumer Duty regulations. These deadlines are crucial for ensuring that all financial products and services adhere to the enhanced standards of consumer protection. …

The Financial Conduct Authority’s (FCA) introduction of the new Consumer Duty represents a transformative shift in the financial services sector, imposing rigorous standards aimed at significantly enhancing consumer protection. This duty introduces substantial changes in how firms must operate, focusing …

The Financial Conduct Authority (FCA) has established the Consumer Duty to elevate consumer protection standards within the financial services sector. This pivotal regulation introduces higher expectations and clearer guidelines for firms to follow, ensuring that customer interests are at the …

In the digital age, the proliferation of online investment platforms requires vigilant scrutiny to avoid potential scams. One such platform, Cosetek, has attracted attention due to its claims and operational practices. For consumers wondering whether Cosetek is legitimate, here’s …

An employee benefits consultant is integral to the development, implementation, and management of employee benefits programs within organizations. Their expertise ensures that benefits packages are both comprehensive and compliant with relevant regulations. Below, we delve into the multifaceted role of …

Binance, one of the world’s largest cryptocurrency exchanges, operates under a stringent regulatory framework in the UK. The Financial Conduct Authority (FCA) regulates financial activities and ensures that firms comply with specific standards to protect consumers and maintain market integrity. …

The HM Revenue and Customs (HMRC) policy on fractional shares has undergone significant scrutiny and development, particularly in relation to their eligibility for Individual Savings Accounts (ISAs). Understanding this policy is crucial for investors seeking to maximize their tax-efficient …

The Financial Conduct Authority (FCA) is responsible for ensuring that individuals performing certain functions within regulated firms are fit to do so. These individuals, known as FCA-approved persons, must be authorized to conduct controlled functions, including key roles …

Registering a society is an important process that formalizes its structure, governance, and legal status. In the UK, the registration process for a society—whether a co-operative, community benefit society, or other organizational types—requires several critical steps. These steps …

The Annual Percentage Rate of Charge (APRC) is a key metric that offers a comprehensive view of the total cost of a mortgage. It allows borrowers to understand the full financial impact of taking on a mortgage, not just the …