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Spring Statement: Most households to be better off but tax rise risk remains
The average household will be around £500 better off in real terms by 2028-29 with those on lower incomes seeing the greatest uplift, according to analysis by HM Treasury (HMT) published as...
Read moreUniversal Credit health element halved as standard allowance rises – Reeves
The Universal Credit (UC) standard allowance is set to increase by 2029, but the health element of that is set to be halved and frozen for new claims, according to chancellor Rachel...
Read more‘Massive revolution’ needed in protection with goal of millions of new policies – Walton
Mortgage Advice Bureau (MAB) protection proposition director Andy Walton has laid down the gauntlet for the industry to sell millions more policies in the next five years, not just hundreds of thousands....
Read moreHow advisers target client communications to maximise IPMI engagement – analysis
International private medical insurance (IPMI) increasingly offers a very wide range of additional benefits which can help drive demand, increase usage and potentially reduce large treatment costs. But maximising their value depends...
Read moreOne in 10 divorcees have forgotten to remove ex as beneficiary – Legal & General
One in 10 divorcees have forgotten to remove their former spouse as the beneficiary of their life insurance policy. Research conducted among 2,945 UK divorcees found 10% had forgotten to remove their...
Read moreRegulation and innovation: How FCA market study could impact creativity – Mehta
Following a superb Protection Forum I walked away questioning the fragile balance that exists between regulation and innovation and the potential impact of the Financial Conduct Authority’s market study. There are of...
Read moreBarnett Waddingham brand to disappear within two years following Howden acquisition
The Barnett Waddingham brand name will disappear within two years following its acquisition by Howden. This morning global insurance and employee benefits intermediary group Howden announced it has agreed to acquire UK...
Read moreAviva pays out £1.89bn to protection customers in 2024
Aviva paid out more than £1.89bn across nearly 62,000 individual and group protection claims in 2024. Aviva said a total of 61,975 claims were paid across the group’s individual and group...
Read moreWest Ham’s Antonio faced sleepless night after being quizzed about career-ending insurance
Injured West Ham United striker Michail Antonio has spoken of his sleepless night after being asked whether he had career-ending insurance and considering the threat of not playing again. Antonio, who is...
Read moreMetLife UK pays out £224m in group risk claims as membership rises 140k
MetLife UK paid out a total of £224m in group risk claims in 2024. It also saw growth in the number of lives covered overall, covering nearly 140,000 additional employees by the...
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FCA contacting insurance firms about ‘heightened risks’ in conflicts of interest
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One of my four leadership principles led to genesis of Vitality parent – Gore
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Targeting new populations key to closing protection gap – Jeynes
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FCA urges firms to make Consumer Duty monitoring proactive and outcomes-focused
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Income protection innovation is key to fixing broken social care – Timpson
