The Consumer Duty is no more challenging to advisers than any other part of the financial services sector, according to Sheldon Mills, executive director for consumers and competition at the FCA. At...
Read moreThe Financial Conduct Authority (FCA) has given firms a three month extension to execute its Consumer Duty for all new and existing products and services currently on sale and an additional 15...
Read moreThe Financial Conduct Authority (FCA) has confirmed its Consumer Duty does not explicitly prohibit the controversial practice of loaded premiums where premium rates are inflated to pay distributors and advisers higher commission....
Read moreWomen In Protection research showed that one group of people worry about their health and finances more than another group of people. Yet that same group buy almost 50% less insurance that...
Read moreThe largest insurance intermediary firms benefitted most in 2021 as revenues in the market grew – but professional indemnity insurance (PII) costs soared by £141m. Revenue from insurance distribution rose 3.9% to...
Read moreLegal & General has appointed Stefana Brown to take risk oversight of its UK protection business. Brown is taking on the newly created role of UK protection and fintech chief risk officer...
Read moreAviva is seeing group risk and private medical insurance (PMI) schemes being brought together as clients and advisers are seeking to get greater value from their premiums. The insurer told Health &...
Read morePatients in England could cut months off their wait for care by acting on their right to choose a different provider for their NHS treatment. A joint report from the Independent Healthcare...
Read moreThe Financial Conduct Authority (FCA) has published a list of 14 firms covering more than 50,000 people who will not be authorised as funeral providers from 29 July. From that date only...
Read morePrivate medical cover ranks as the second most popular workplace benefit with only higher pay ahead of it, according to research from Canada Life. The research conducted by Opinium among 2,000 UK...
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