Insurance intermediaries

We summarise the 2023 Spring Budget measures that are relevant to the insurance broking community.

Consultation on FRED 82 ended in April. Its proposed changes to FRS 102 are likely to have a significant impact on brokers. Partner Satya Beekarry says that brokers should start planning now.

Michael Corcione explains why cybersecurity needs to be one of the priority areas for acquiring firms’ transaction due diligence and highlights the key areas for focus.

We take a look at the most prevalent VAT misconceptions that could cause your business to come a cropper.

The current macro-economic climate, coupled with weak financial resilience caused by the cost of living crisis, may tempt firms to cut corners in their client money compliance.

When you’re closing the 2022 year end financials, tax for 2023 may not be at the top of your list. But the time of year means changes are not far off. Here are some pointers to consider.

2021 has been another fascinating year for the UK broker market. We look at some of the main trends – including ownership, M&A activity, market concentration and sector specialism.

The FCA has published a policy statement, Improving the Appointed Representatives (ARs) regime, which sets out its updated rules and requirements for principals and ARs.

In July 2022 the FCA published details of its new Consumer Duty. Here’s a recap of the key points.

The Government is revisiting Research and Development (R&D) tax relief to keep up with technology and support UK innovation. Find out which reliefs you could claim.

The FCA has published the findings of its Thematic Review on wind-down planning in TR 22/1 – observations on wind-down planning: liquidity, triggers and intra-group dependencies. Paul Goldwin helps you navigate the key points.

VAT is often the Cinderella of taxes among insurance brokers. We highlight three reasons why it deserves much more attention than it gets.