Economy

The Insurance Premium Tax (IPT) collected by HM Treasury increased by around £100m to £1.8bn for the first two months of the tax year, according to consultancy OAC. The figure is a...

A dramatic reduction in the number of people working at the Probate Service has caused long delays in processing probates, according to Ministry of Justice figures obtained in a Freedom of Information...

A proposal requiring the Financial Conduct Authority (FCA) to explore financial inclusion issues to protect vulnerable consumers has successfully passed through the House of Lords.  The amendment to the Financial Services and...

Two of the biggest protection advice firms in the UK believe hybrid working is here to stay as it has become an essential route to recruiting and retaining talented people. Last week...

Almost three quarters (72%) of consumers believe the speed of any claim payment is the key driver of "good value", according to research from MetLife UK. The research measured consumers attitudes towards...

Royal London has appointed Jon Fuller to lead its newly created specialist protection distribution team, following its acquisition of Aegon UK's individual protection business.   Fuller joins from Aegon UK, where he...

UK employees are 'woefully under-insured', with employers contributing to a widening protection gap, according to research from consultancy Barnett Waddingham. More than two-thirds of employees are not receiving benefits such as critical...

Advisers believe conversations about getting protected have grown in importance with the return of 100% loan to value (LTV) mortgages that potentially bring higher risks for clients in a "volatile" housing market....

The Treasury Committee of MPs is calling for views and experiences of the insurance industry since the pandemic ahead of its questioning industry leaders from Aviva, Admiral and the Association of British...

Office for National Statistics (ONS) data indicating that work-limiting health conditions are the single biggest contributor to economic inactivity is making the business case for increased investment in healthcare, according to consultants...