Compliance & Regulation
‘Common sense prevailed’ as group life schemes avoid IHT liability
The group risk industry has warmly welcomed confirmation that death in service benefits will not be brought under the scope of inheritance tax (IHT) liabilities. HM Revenue & Customs (HMRC) also confirmed...
Read moreGroup life captive plans welcomed but winning firms from tax havens ‘a challenge’
The inclusion of group life in the government’s captive framework has been welcomed but it is not expected to have a major impact on the industry or country unless further benefits are...
Read moreReeves tells FCA to examine how Consumer Duty affects the way ‘businesses interact with businesses’
The chancellor has charged the Financial Conduct Authority (FCA) with reassessing the impact of its Consumer Duty on financial services and the way "businesses interact with other businesses". Delivering her Mansion House...
Read moreProtection and mortgages may be excluded from 10-year FOS claims long-stop
A 10-year long stop on claims made to the Financial Ombudsman Service (FOS) may exclude most protection products as part of an exemption proposed by HM Treasury (HMT). The consultation proposing the...
Read moreGroup life sector wins inclusion in Treasury’s captive insurance framework
The group life and employee benefits sector has been included in HM Treasury’s (HMT) plans for the new UK captive insurance regime, having been excluded from the original proposals. The first consultation...
Read moreFCA argues insurance customer service improved but other strategy results mixed
The Financial Conduct Authority (FCA) believes customer service in the general insurance and protection markets has improved over the last three years, despite outcomes only improving by a couple of percentage points....
Read moreHealth and protection advisers see steeper drop in FCA fee rate as revenues soar
Intermediaries in the health and protection insurance markets will see a steeper drop in the fee rate payable to the Financial Conduct Authority (FCA) than previously expected due to soaring revenues. In...
Read moreIndependent health sector can be catalyst in three key areas – Lord Darzi
The independent sector has a vital role as a catalyst to improve patient outcomes by adopting and scaling new technologies, partnering on clinical research and tackling workforce challenges, according to Lord Darzi...
Read moreImproving patient outcomes needs all health systems to collaborate – NHS England’s Sir Stephen Powis
Improving patient outcomes transcends the NHS and requires all healthcare systems to work together to achieve this goal, according to Sir Stephen Powis (pictured), in his final speech as NHS England medical director....
Read moreGovernment launches Neighbourhood Health Service as part of 10 year health plan
Millions of patients are set to be treated and cared for closer to their home by new teams of health professionals, under plans set out by Prime Minister Keir Starmer through the...
Read moreHAVE YOU READ?
MOST POPULAR
-
Laura Mitchell leaves Guardian
-
Introducing… Stuart Isaac, Engage Health
-
Vitality adds anytime remote GP consultations, dynamic pricing and broadens Boots agreement
-
Closing protection gap requires products tailored to young people – Capgemini
-
Dispelling the myth that autism and ADHD diagnoses lead to automatic protection exclusions – analysis
