Ben Player

What’s this about? The FCA has recently completed its pre-Christmas publication frenzy and a number of insurance publications catch the eye due to the common themes between them. We focus on four of these published in December 2025: • The most notable was the FCA’s policy statement on simplifying the insurance rules (PS25/21), which we have summarised in more detail in another article here (the Policy Statement) • The FCA also announced it is expanding its work in response to the Which?

TLT picks out the key points you shouldn't miss... The FCA has published Policy Statement PS25/21 setting out its final rules and options for future changes for simplifying the insurance rules. Firms will welcome the FCA’s aim of a more flexible and proportionate regime for the insurance sector that it has said is designed to reduce regulatory costs. The FCA has gone ahead with many of the proposed rules that it consulted on without many significant amendments.

What impact will the judgment and the FCA's subsequent announcement have on the lending market? The Supreme Court handed down its much anticipated decision in on 1 August, which was immediately followed by a Financial Conduct Authority (FCA) announcement on a proposed redress scheme. Although motor dealers are in a position to influence or affect the borrower's decision on finance, that is not enough for a fiduciary duty.