Cash plans
Herbert warns employers not to ride out recession by axing workplace benefits
It would be a mistake if employers seek to ride out the upcoming recession by axing their employee benefits offerings, according to Steve Herbert, wellbeing and benefits director at Partners&. Herbert said...
Read moreBank of England predicts 13% inflation and year-long recession
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...
Read moreBupa adds 150,000 customers, reorganises IPMI business and ups premiums
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...
Read moreFCA expects AR regime to cost firms £7.6m per year
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...
Read moreCMA increases oversight and criticises private healthcare providers for delays to publishing fee and outcome data
The Competition and Markets Authority (CMA) has rebuked the private healthcare sector for its slow compliance with requirements to publish transparency data about fees and outcomes to help inform patients. It also...
Read moreDistributors must ensure charges represent fair value – FCA
All distributors are required to ensure their charges for distributing products or services represent fair value, according to guidance from the Financial Conduct Authority (FCA) on its incoming Consumer Duty. The guidance...
Read moreNational Fresh Breath Day 2022 business toolkit – Bupa
Saturday 6 August is National Fresh Breath Day. Bad breath can be a social faux pas that many people don’t even realise they have. Aside from that garlic and onion lunch,...
Read moreFCA Consumer Duty: All the key coverage
This week the Financial Conduct Authority (FCA) published the final rules and guidance for its landmark Consumer Duty. The rules promise to trigger a major shift in how the financial services industry...
Read moreAdvisers must tell FCA if they see other firms not meeting Consumer Duty
Advisers are required to tell the the Financial Conduct Authority (FCA) if they witness other firms in the distribution chain who are not meeting its incoming Consumer Duty, the regulator has announced....
Read moreGroup risk, health insurance and employee benefits not covered by Consumer Duty
The provision and servicing of group risk, group health insurance and other workplace benefit schemes is not covered by Consumer Duty rules, the Financial Conduct Authority (FCA) has confirmed. However small and...
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