Compliance & Regulation

The number of new strokes will increase by 51% from 100,000 to 151,000 by 2035, costing over £75bn – roughly half the current NHS budget, according to analysis by the Stroke Association....

The Financial Conduct Authority (FCA) has reported a 13% increase in income protection complaints year-on-year, according to its complaints data. But the data also pointed to a 6% increase in PMI complaints...

MorganAsh has partnered with FWD Research to provide further help to firms in meeting the vulnerability requirements of Consumer Duty. FWD Research conducts specialist surveys across a firm’s client base to help...

The Financial Conduct Authority expects firms to address key fair value challenges connected to goneaway customers, data gaps, vested rights and outcomes ahead of its looming Consumer Duty deadline for closed books....

The Private Healthcare Information Network (PHIN) has collaborated with IWantGreatCare/Top Doctors (IWGC/TD) to enable the free submission of data to PHIN through the IWGC patient feedback platform. At its AGM in December...

Cutting insurance premium tax (IPT) is the key to improving worker inactivity, according to Cara Spinks, head of insurance consulting at actuarial consultancy OAC. Spinks' comments follow latest HMRC tax receipts data...

More meaningful occupational health interventions will be necessary to make government's plan to shift responsibility for issuing fit notes from GPs, towards specialist work and health professionals workable. This is according to...

Standardising how protection insurance providers report fair value assessments will be "helpful" for advisers grappling with Consumer Duty. This is according to Paul Fothergill, regulatory engagement manager at Sesame Bankhall Group (pictured),...

Now is the time for protection insurers allowing intermediaries to use loaded premiums to end this practice, according to LifeSearch chairman Tom Baigrie. Speaking at the advice firm's Awards yesterday, Baigrie (pictured)...

Advisers in the health and protection insurance markets face a 10% rise in Financial Conduct Authority (FCA) fees for the current financial year, the regulator has revealed. Intermediaries operating in the A.19...