A serial health insurance fraudster has been jailed for a year after submitting more than 130 claims worth £24,000 to multiple insurers under nine different names that seemingly targeted cash plan providers....
Read moreI have heard the Financial Conduct Authority’s (FCA) Consumer Duty described in many ways. This ranges from “unnecessary meddling”, to which I do not subscribe, to the “Retail Distribution Review mark II...
Read moreRoyal London's new business sales of protection products fall 43% year-on-year, according to the mutual's interim results for the first six months of 2022. New protection business sales were down to £12m...
Read moreBupa has added 150,000 customers across UK its private medical insurance (PMI), health trusts, dental and cash plans products in 2022. Meanwhile the Bupa Global international PMI business has returned to profitability...
Read morePrincipal 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...
Read moreThe Private Healthcare Information Network (PHIN) plans to implement a new approach to publishing consultant fee arrangements via its portal next year which will help the private medical insurance (PMI) sector. However...
Read moreIan Smart is retiring after 38 years in the insurance industry – the majority of which has been at the heart of the intermediated protection market. Smart left his position as product...
Read moreA former mortgage broker has been jailed and disqualified from being a director for a second time after committing mortgage and loan fraud. Cindy Brad from Melton Mowbray illegally obtained £200,000 from...
Read moreThe Financial Conduct Authority's (FCA) failure to explicitly ban loaded premiums under its Consumer Duty means the pressure is on insurers and distributors to justify continuing the controversial practice, according to St...
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....
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