news

The Bank of England is predicting UK inflation will hit just over 13% in the fourth quarter of the year which will coincide with the country entering a year-long recession. In a...

Shepherds Friendly income protection (IP) products are now available on the Iress quote and apply product sourcing software The Exchange. Dave Miller, executive general manager, commercial at Iress, said: “We’re thrilled to...

Bupa 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...

The Financial Conduct Authority (FCA) expects implementing its appointed representative (AR) regime overhaul to cost the financial services sector around £7.6m per year. It anticipates larger firms taking the highest expense with...

Digital health app Peppy has partnered with global insurance consultant Lockton to offer gender-specific health services for the employees of its UK-based clients. Through Peppy’s app, employees of Lockton clients can access...

Phoenix Group has acquired Sun Life UK, a closed book UK life insurance company, from Sun Life Financial for £248m. The acquisition is expected to deliver around £470m of incremental long-term cash...

US global consulting and actuarial firm Milliman has agreed a strategic alliance with price transparency platform Turquoise Health. The firms said they are working together to harness newly published price transparency data...

LSL Property Services has reported a 2% fall in protection sales during the first six months of 2022 but said it believes the firm has increased its market share as the overall...

Principal 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...

The Financial Conduct Authority (FCA) is halving the notice period firms will need to give it ahead of engaging an appointed representative (AR) along with making several other changes to its incoming...