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26 May Economy

SAVE the IFS APPG DATES - Upcoming events for June & July 2023

The Insurance and Financial Services APPG, chaired by Craig Tracy MP, is delighted to inform you of the upcoming events for June & July 2023 prior to summer recess.

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05 May Economy

Invite to IFS APPG on Monday 15 May 2023: An insight into the Financial Services Compensation Scheme (FSCS) with Q&A

The Insurance and Financial Services APPG would like to invite you to attend a talk on the Insights of the FSCS.

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04 May Economy

New Chair elected at the Building Societies Association

LV= Survey Reveals How the Nation’s Households are Coping With the Impact of Rising Inflation

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20 Apr Economy

LV= Survey Reveals How the Nation’s Households are Coping With the Impact of Rising Inflation

With the latest inflation figures stubbornly remaining in double digits, families across the nation are facing hard choices about how to cover the costs of food and bills. A major survey from mutual LV= reveals just how rising prices are impacting on consumers across the UK.

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03 Apr Economy

The Building Societies Association welcomes changes to the Support for Mortgage Interest loan, which comes into effect today

Homeowners who are in financial difficulties are now able to get support with their mortgage payments after 3 months, rather than the previous 9 months, a change which could prevent them getting into serious mortgage arrears.

23 Mar Economy

We need a long-term plan to make our financial services world-leading once again

The failures of Silicon Valley Bank and Credit Suisse in recent weeks prompted unrest in the global banking sector. Such collapses show how quickly long-established financial institutions can be engulfed by crisis, and perhaps more importantly, the critical need for high regulatory standards.

Top Stories: Boris Johnson To Publish Defence Ahead Of Partygate Probe, Met Police Could Be Broken Up

20 Mar Political parties

Boris Johnson’s lawyers will publish a dossier of evidence on Monday to argue he did not knowingly mislead Parliament over ‘partygate’, ahead of Wednesday’s privileges committee, which will question him on the matter.

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14 Mar Economy

IFSAPPG Invitation for Monday 20 March 2023: CII "New Gens" programme presents challenges and opportunities for the Insurance Industry

Craig Tracey MP, Chair of the Insurance and Financial Services All Party Parliamentary Group would like to invite you attend a discussion on some of the new challenges currently being faced within the industry.

09 Dec 2022 Political parties

Tory MPs Criticise Harry And Meghan, Jeremy Hunt's Major Financial Reform, Labour To "Fast-track" Asylum Claims

Conservative MP Bob Seely has said he is planning to bring forward legislation in an attempt to strip Harry and Meghan of their titles in the wake of their controversial Netflix documentary in which they are highly critical of the royal family and the British media.

TSB launches ‘Emergency Flee Fund’ for domestic abuse victims, as Hestia reports rising demand for help

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09 Dec 2022 Home affairs

TSB launches ‘Emergency Flee Fund’ for domestic abuse victims, as Hestia reports rising demand for help

From today TSB will offer existing customers who are impacted by domestic abuse an ‘Emergency Flee Fund’ payment of up to £500 to help escape an abusive relationship.

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28 Nov 2022 Economy

IFSAPPG open discussion on 12 December 2022: Autonomous Vehicles - are we ready?

The Insurance and Financial Services APPG is holding its final session of 2022 with an open discussion on Autonomous Vehicles.

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14 Nov 2022 Health

45% of adults aged 25-44 without a protection policy are not confident they can financially cope if ill

Three in five people without a protection product would feel more financially resilient if they had a policy that paid if they were unable to work due to illness or injury.

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07 Oct 2022 Economy

Property Tracker survey shows housing market sentiment continues to fall

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19 Jul 2022 Economy

UPDATE: Insurance & Financial Services APPG event on Future Regulatory Framework (19.07.22)

Following Brexit, the UK needs to step up to the challenge of creating an international hub that is both highly professional and globally competitive.

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13 Jun 2022 Economy

New data suggests workers expect their employers to do more on financial wellbeing

Over six in ten employees are finding bills and credit commitments a burden

Close to one in five employees would not be able to cover their living expenses for one month if they lost their main source of income

Majority think that their employer should care about their financial wellbeing

50% who don’t currently have a workplace savings scheme are interested in one

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05 May 2022 Economy

BSA comments on the increase in the Bank Rate to 1%

Commenting on the increase in the bank Rate from 0.75% to 1.00%, Paul Broadhead, Head of Mortgage and Housing Policy at the BSA said:

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05 May 2022 Economy

Building Societies Association Chief Executive talks about being ready for the opportunities and challenges that lie ahead

On the second day of the Building Societies Annual Conference in Liverpool (5 May 2022), BSA Chief Executive, Robin Fieth, spoke about important themes for the strategic agendas of BSA member boards.

Keeping building society legislation relevant for the 21st Century

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22 Mar 2022 Economy

Keeping building society legislation relevant for the 21st Century

It's time to update the legal framework surrounding building societies so that they reflect the needs of modern society.

19 Jul 2021 Environment

Financial institutions must set out how their investments align with the UK’s environmental goals

To effect real change, investors, lenders and insurers must deliver transition plans that move environment-related risk reporting to a sustainable footing

30 Apr 2021 Environment

Has the Financial Services Bill done enough to tackle climate change?

Although not the industry most people think of in relation to climate change, financial services play a key role in the fight to stop global warning, from investment to insurance. As is the case with many other fields, financial firms have been struggling to align themselves to global climate targets.

26 Apr 2021 Economy

We need a cap on standard variable rates to give “neglected” mortgage prisoners the financial relief they desperately need

Mortgage prisoners are trapped in costly deals with mortgage loan sharks squeezing every last penny out of them. MPs must vote to cap standard variable rates and ensure that they can access fixed-rate deals.

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21 Apr 2021 Economy

New report highlights strong sources of differentiation for the building society sector

08 Mar 2021 Economy

Amendments to the Financial Services Bill will empower FinTech to drive our economic recovery

My amendments seek to improve lives for the most financially vulnerable, as well as supercharging a successful UK industry.

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23 Feb 2021 Economy

Regulators join forces to protect people in the financial sector

The Equality and Human Rights Commission (EHRC) and Financial Conduct Authority (FCA) have signed a Memorandum of Understanding (MoU) to help protect people in financial service markets.