Group Risk

The Financial Ombudsman Service (FOS) is planning to cut its compulsory levy by which is paid for by all financial services firms to £70m for the 2024/25 financial year. The figure will...

Swiss Life has appointed chief financial officer Matthias Aellig as group CEO. He will succeed Patrick Frost, who will step down on 16 May next year after almost a decade in the...

Fintel, the parent company of Simplybiz, has acquired Synaptic Software. Synaptic services more than 1,600 advisers, providing due diligence research, compliance tools, and software, including Pathways and Webline, which streamlines clients’ journeys....

Advisers have not had it easy these past few years. The pandemic combined with a cost of living crisis and Consumer Duty compliance has meant they are working in perhaps more pressurised...

With fewer than one in five people having income protection (IP) insurance it may seem peculiar to read about the risk of people having too much IP. It is important to talk...

Cadence Bank has completed the sale of its insurance operations to Arthur J Gallagher for $904m. Cadence said the deal strategically positions the business "for long-term growth and success, allowing it to...

IPipeline has promoted Zoe Mears to enterprise sales manager. Most recently senior sales manager for client distribution, Mears (pictured) has also held other roles of increasing responsibility in client distribution and the...

The Foster Denovo Group has acquired Punter Southall Aspire’s employee benefits business. The businesses will combine under Foster Denovo’s employee benefits division Secondsight. with the deal set to complete by the end...

Legal & General has appointed James Shattock as its next managing director for UK protection, while Pippa Keefe has succeeded him as commercial director. The appointments follow current managing director of UK...

Tax relief on health interventions such as health insurance, employee assistance programmes, and wellness initiatives will boost the productivity of UK plc. This is according to Association of Medical Insurers and Intermediaries...