Compliance & Regulation
Government accused of picking poorest pensioners’ pockets with care cap change
The Conservative government has been accused of "picking the pockets" of the country's poorest pensioners following a change to its plans for the social care cap announced in September. It was originally...
Read moreCommission ‘bound to be’ on FCA radar and must be ‘right value’ – Aviva
Commission in the health and protection market is “bound to be” on the Financial Conduct Authority’s (FCA) radar and “must be the right value for customers”, Aviva has said. The insurer emphasised...
Read moreAdvisers urged to create social media policies and beware liability risks
The Chartered Insurance Institute (CII) has urged all businesses operating in the insurance sector to create a corporate social media policy for employees to refer too. It added that CII members were...
Read moreCarbon audits, adviser support, digital activity and reducing emissions are key focus as insurers prepare for net zero future – analysis
Talking to brokers, government and academia about sustainability, tackling emissions and increasing digital activity across their businesses are just some of the ways insurers are preparing for a net zero future. Earlier...
Read moreHealth and protection advisers dodge £61m FSCS levy hit but will be biggest bail out funders next year
Advisers working in the health and protection insurance markets have been given a reprieve from an additional £61m bill by the Financial Services Compensation Scheme (FSCS) this year, but will be the...
Read moreTreasury gives FCA powers post-Brexit but will compel rule reviews
The UK government is consulting on proposals which would give the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) sweeping new powers to set rules replacing EU law. The Future Regulatory...
Read moreABI appoints ex-education and culture secretary as first independent chairwoman
Baroness Nicky Morgan has been appointed the first independent chairwoman of the Association of British Insurers (ABI) as the trade body completes a major overahul of senior management.. The former education and...
Read moreSerial fraudster given two-year sentence for fake £130k cancer insurance claims
A serial fraudster has been sentenced to two years in prison after being caught claiming she had terminal cancer in an attempt to defraud her insurer out of more than £130,000. Gemma...
Read morePrivate hospitals must ensure frontline workers are fully vaccinated
Private hospitals will be required to ensure frontline workers are fully vaccinated by the spring under plans announced by health and social care secretary Sajid Javid this afternoon. The rules will apply...
Read morePrivate hospitals may have to enforce Covid vaccine mandates
Private hospitals could face ensuring frontline workers are vaccinated against Covid if the government follows through with an expected mandate for the NHS in England. The BBC reports that government is expected...
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