Compliance & Regulation
Networks in the spotlight of evolving advice and regulatory landscape – analysis
Striking out on your own as an adviser can prove daunting - most will not know where to start and in an era of increased remote working leaving colleagues to go it...
Read moreWoA Convention: AI helping tackle complex regulation and capital management
Complex issues involving multiple regulators and critical stress tests are being simplified by artificial intelligence (AI) and other technologies, the World of America Convention has heard. Regulation is an ever-present subject for...
Read moreFCA prioritising protection claims experiences and product switching incentives
The Financial Conduct Authority (FCA) will look into claims experiences and incentives for consumers to switch products as part of its pure protection market study. The regulator has already confirmed it will further...
Read moreFCA protection market study workshop to feature three advice bodies
Three adviser groups will be represented at the Financial Conduct Authority’s (FCA) pure protection market study stakeholder workshop. The workshop will bring together adviser, insurer and consumer representatives, primarily through seven trade...
Read moreAdvisers blame soaring IP complaints on speculative claims, non-disclosure, insurer scrutiny and sales surge
Myriad reasons are to blame for a year-on-year increase in complaints about income protection (IP) products, advisers have told Health & Protection. These include an over scrutiny of claims from providers, long...
Read moreFCA Protection Market Study will take firm-by-firm approach to ‘outlier behaviour’ – Rathi
The Financial Conduct Authority’s (FCA) Protection Market Study will mirror the regulator’s Premium Finance Study's firm-by-firm Consumer Duty approach rather than implementing any market-wide interventions, according to CEO Nikhil Rathi. Upon release...
Read morePDG calls on advisers and networks to tell employees and customers if they are operating with loaded premiums
The Protection Distributors’ Group (PDG) is calling on advice firms and networks to tell their employees and customers if they are operating with loaded premiums. The subject was raised in a press...
Read moreNo government has ever gone far enough to incentivise or promote occupational health – Gregson
No government has ever gone far enough in promoting or incentivising occupational health to effectively reduce pressure on the NHS or the tax burden on the population. This is according to Matthew...
Read moreFCA gave sector good grades, but work to do on service levels and closing protection gap – Hamilton
The Financial Conduct Authority (FCA) gave the sector some “pretty good” grades in its Market Study interim report, but there is more work to do on improving service levels and closing the...
Read morePerci Health-led coalition calls for whole-pathway care following national cancer plan launch
A coalition of clinicians, patients, charities, employers, insurers and health technology leaders, led by Perci Health, has published an open letter to the Secretary of State for Health and Social Care, Wes...
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