Compliance & Regulation

The Consumer Duty has become the biggest regulatory challenge facing the financial services sector since the Retail Distribution Review (RDR) a decade ago. The good news is for companies operating in the...

The British Insurance Brokers' Association (BIBA) has appointed David Sparkes as regulation director. Head of commercial, Nicola Maguire and head of insurance, Alastair Blundell also now have wider remits, to attend certain...

All advisers should ensure they are "well-advanced" on their journey towards compliance with Consumer Duty, according to Branko Bjelobaba, principal at consultancy Branko. Speaking to Health & Protection on the morning the...

The Work and Pensions Select Committee has called on government to consider the role income protection can play in enabling people to stay in and return to work. The call came in...

PMS Mortgage Club, in partnership with compliance expert Bankhall, has rolled out a suite of new support to help mortgage and protection firms adapt to the Consumer Duty ahead of its 31...

Holloway Friendly has introduced a guide and training for advisers to make their communications easier to understand and more engaging. The free adviser guide is supplemented by interactive training sessions which firms...

Medical insurers in the United States may soon have to change their approach to mental health care, as US president Joe Biden has called them out for making it too difficult for...

Financial regulators in the UK have removed a proposal for a £10,000 cap on compensatory payments for those who have complaints about their actions. The Financial Conduct Authority (FCA), the Prudential Regulation...

There was a slight increase in protection and health insurance coverage in the two-year period since the pandemic first, hit fuelled by growing appetite for health cash plans and income protection. However...

The health insurance sector is being urged to participate in HM Treasury’s workplace health consultation but “has a job on its hands” to convince the department that tax incentives are worthwhile. However,...