Appointments / Industry

The Financial Conduct Authority (FCA) expects implementing its appointed representative (AR) regime overhaul to cost the financial services sector around £7.6m per year. It anticipates larger firms taking the highest expense with...

Phoenix Group has acquired Sun Life UK, a closed book UK life insurance company, from Sun Life Financial for £248m. The acquisition is expected to deliver around £470m of incremental long-term cash...

US global consulting and actuarial firm Milliman has agreed a strategic alliance with price transparency platform Turquoise Health. The firms said they are working together to harness newly published price transparency data...

LSL Property Services has reported a 2% fall in protection sales during the first six months of 2022 but said it believes the firm has increased its market share as the overall...

Principal firms must investigate the history of their appointed representatives (AR) including other principal firms they worked for and why their previous relationship came to an end. The requirements are being introduced...

David Taylor has been promoted to managing director of Punter Southall Aspire's employee benefits business. Taylor (pictured) joined the firm back in February to lead its health and protection practice. He joined...

The Financial Conduct Authority (FCA) is halving the notice period firms will need to give it ahead of engaging an appointed representative (AR) along with making several other changes to its incoming...

The Financial Conduct Authority (FCA) has rejected calls from firms for a 12-month implementation period for its new regime for appointed representatives (AR). The regulator revealed firms have until 8 December to...

Marcia Reid has been appointed non-executive director at independent specialist adviser Sherwood Healthcare. Reid (pictured) completed a fixed term contract at Partners& as managing partner for wellbeing, engagement and benefits in May....

Only one in four employers are offering emotional support such as counselling to employees, while a similarly small proportion of organisations tailor their benefits to specific workforce demographics, studies have found. Research...