As part of it’s incoming Consumer Duty the Financial Conduct Authority (FCA) has set out ten expectations of how firms should act to ensure they are complying with the new rules. These...
Read moreThe 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 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 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 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...
Read morePrivate healthcare market activity has returned to pre-pandemic levels amid a surge in demand for self pay treatment. Data from the Private Health Information Network (PHIN) showed there were 198,000 private patient...
Read moreSanté Group launched its fundraising partnership with Heart Research UK with its first annual charity golf day. The intermediary firm is aiming to raise £10,000 for the charity over the next 12...
Read moreZurich Global Employee Benefits Solutions (ZGEBS) and GIG Gulf have extended their partnership to offer life and medical solutions across the Middle East. To support its customers in the Middle East, ZGEBS...
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