Compliance & Regulation
Budget 2023: Group life industry hails shock pensions lifetime allowance abolition
The abolition of the pensions lifetime allowance offers a benefit for employers providing group life cover, according to industry experts. At the dispatch box this afternoon, chancellor Jeremy Hunt revealed the pensions...
Read moreBudget 2023: Occupational health subsidy pilot launched with tax incentives proposal
The government has announced plans to rollout an occupational health (OH) subsidy pilot to support SMEs in England and is consult on increasing occupational health coverage and tax incentives. The commitments featured...
Read moreBudget 2023: Hunt invests £400m to scale up MSK hubs and mental health access
Government has committed to scaling up community musculoskeletal (MSK) hubs in England to enable people to access treatment and provide free access to digital support tools hosted on the NHS website and...
Read moreHealth Summit: ‘Enough is enough’ as government must talk about IPT cut – ABI
The Association of British Insurers (ABI) has said "enough is enough" and urged government to start the discussion about cutting Insurance Premium Tax (IPT) on private medical insurance (PMI). While stopping short...
Read moreL&G’s view on loaded premiums, non-advised sales, data sharing and diversity in product design – Ali Crossley interview
In an exclusive interview, Legal & General Retail managing director for distribution Ali Crossley speaks to Health & Protection about the insurer's position on loaded premiums, sharing data with distributors, non-advised sales...
Read moreTackle protection trust tax, long-term sickness and EAPs in Budget – Wheatcroft
Swiss Re technical manager Ron Wheatcroft has called on the chancellor to reduce tax charges on life insurance policies in trust, introduce occupational health initiatives to keep people at work, and remove...
Read moreAMII backs PMI tax breaks ahead of Budget
The Association of Medical Insurers and Intermediaries (AMII) is the latest industry body to back tax breaks for private medical insurance (PMI) ahead of tomorrow's Budget. AMII executive chairman Dave Middleton (pictured)...
Read moreSimplyBiz launches regulatory activity scanner for advisers
SimplyBiz has launched an online regulatory Horizon Scanner for advisers. The scanner aims to keep its member firms up to date with the regulatory activities happening in 2023 and beyond affecting advisers...
Read moreABI pledges to examine ‘poverty premium’ findings for poorest customers
The Association of British Insurers (ABI) has committed to looking in detail at the findings of a report which calls on the Financial Conduct Authority (FCA) to investigate the UK’s “poverty premium”,...
Read moreMost low earners do not consider life insurance essential as FCA urged to investigate ‘poverty premium’
Most adults in poverty do not regard life insurance as essential, according to research by the Social Market Foundation (SMF) which also urged the Financial Conduct Authority (FCA) to investigate the UK's...
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