MGA paper just got riskier for brokers amid FCA governance push

The FCA's governance review of MGAs and coverholders runs through to early 2027. A broker placing business through an MGA is already inside that review's scope - because Consumer Duty accountability for outcomes cannot be handed off along with the underwriting pen

Aug 28, 2026 - 20:00
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MGA paper just got riskier for brokers amid FCA governance push
The FCA's governance review of MGAs and coverholders runs through to early 2027. A broker placing business through an MGA is already inside that review's scope - because Consumer Duty accountability for outcomes cannot be handed off along with the underwriting pen

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