News & Analysis as of

Remuneration United Kingdom Insurance Industry

Skadden, Arps, Slate, Meagher & Flom LLP

A Deep Dive Into Intermediary Remuneration as the UK Supreme Court Considers Its Legality

Is payment to an intermediary, not by its client but by the financial service provider, an illegal inducement or a legitimate distribution cost? In Hopcraft, the UK Supreme Court will consider this perennial question. The...more

Latham & Watkins LLP

FCA Publishes Results of Non-Financial Misconduct Survey

Latham & Watkins LLP on

The data provides important insights to assist firms with their ongoing work in this area. On 25 October 2024, the FCA published the results of a survey on non-financial misconduct it undertook earlier in the year...more

Hogan Lovells

UK FCA consultation on multi-occupancy buildings insurance: the end of the line for commission-sharing?

Hogan Lovells on

The Financial Conduct Authority (FCA) has published a consultation paper on the levels of insurance commissions and the practice of brokers sharing commissions with landlords and/or property managers when arranging buildings...more

A&O Shearman

Premia in(tro): court finds there should be reasonable remuneration for referral

A&O Shearman on

Where a firm of insurance consultants introduced a new client to an insurance management company, the court held that they were entitled to reasonable remuneration for the referral....more

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