FCA makes £113m surplus with £58m underspend of industry fees
The Financial Conduct Authority (FCA) generated a £113.6m surplus for the 2021/22 financial year pushing its cash reserves above the...
FOS appoints deputy chief ombudsman and COO
The Financial Ombudsman Service (FOS) has appointed a deputy chief ombudsman and chief operating officer (COO) to work under incoming...
Aetna failed to meet CMA order requirement for seven years
Aetna International failed to fully meet the requirements of the Competition and Markets Authority’s (CMA) private healthcare market investigation order...
MAB focuses on ‘higher margin’ protection sales in £72.7m Fluent Money purchase
Mortgage Advice Bureau (MAB) has completed its purchase of a controlling stake in intermediary The Fluent Money Group which values...
Aviva calls out industry for negative CI claims chatter as £1bn milestone nears
Aviva has criticised members of the critical illness (CI) industry who it says put out a “negative spin” about claims...
FCA rejects no claims discount and ‘polluter pays’ approach to fees
The Financial Conduct Authority (FCA) has rejected the possibility of a no claims discount to its annual fees for firms...
Fewer than 100 complaints about protection and health insurance advice – exclusive
Fewer than 100 complaints were made against advisers regarding the most common protection and health insurance products in the last...
Health and protection advisers face 3.5% levy hike but FCA eases minimum fees
Advisers in the health and protection insurance sectors face a 3.5% increase in the fees they have to pay to...
Maxis GBN adds wellbeing app Humanoo to additional services
Maxis Global Benefits Network has added wellbeing app Humanoo to its partners. Multinational clients of the international employee benefits joint...
Financial advice qualifications ‘unattainable’ for dyslexic people – Knowles
Advice firm Cura Financial Services has warned the current additional support options made available are not enough for dyslexic people...
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