Aviva and L&G sales soar to approach half of all protection business
Aviva and Legal & General saw significant rises in protection product sales last year to dominate the market as it...
Are Covid exclusions fair value? – FCA
Insurers, distributors and other financial services providers have been warned by the industry watchdog to ask themselves if products with...
FCA pressures insurers over adviser commission levels
The Financial Conduct Authority (FCA) has told insurers they should be examining the amount of commission paid as part of...
Fears about Consumer Duty implementation speed have been ‘well heard’ – FCA
The Financial Conduct Authority (FCA) has said concerns raised by the industry about the speed of implementation of its incoming...
FCA argues Consumer Duty goes ‘significantly beyond TCF’ and warns insurance market ‘don’t put your feet up’
The Financial Conduct Authority (FCA) has defended its flagship Consumer Duty policy as going ‘significantly beyond’ Treating Customers Fairly (TCF)...
Health and protection advisers escape FSCS levy hit as pool fund dropped
Advisers operating in the health and protection insurance and mortgage sectors have escaped the prospect of picking up the massive...
Regulators developing metrics to monitor burden on industry
Regulators from across the spectrum have agreed to develop metrics to measure the regulatory burden on the financial services industry....
Aetna begins referring IPMI customers to Allianz as proposition details revealed
Aetna International has begun its exit from the international private medical insurance (IPMI) market by starting to introduce and refer...
FCA slams crypto sector, says FSCS should not cover losses and urges government to learn from pension freedoms failure
The Financial Conduct Authority (FCA) has said it does not believe the financial services industry should have to take on...
Group risk sector receives 20k claims, pays out £2.22bn and returns 6,100 to work
A total of £2.22bn from 30,932 claims was paid out by the group risk industry during 2021, an increase of...
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