Individual Protection

Advisers and insurers must warn their cohabiting customers about the "potentially ruinous" risk of beneficial payments going to other people after the government rejected reforms to cohabitee rights. Ruth Gilbert, partner at...

To fulfil Consumer Duty regulatory requirements, firms in the financial services sector will need to hold data about the vulnerability of their customers. And to use this data effectively, firms will need...

The Financial Ombudsman Service (FOS) is to further consult on changes to its funding formula next month, but has ruled out charging claims management companies (CMCs) and other professional representatives or charging...

Employers will pay an additional £25bn in National Insurance Contributions (NICs) over the next five years, chancellor Jeremy hunt has announced. Hunt confirmed the threshold at which employers begin paying Class 1...

The cost of essentials needs to increase by just £128 a month to create financial hardship for UK adults with younger adults particularly concerned, according to data from LifeSearch. The life insurance...

The Financial Conduct Authority (FCA) is writing to the bosses of life insurance firms to assess their treatment of customers in light of the cost of living crisis and the new Consumer...

LV= paid out more than £20m in critical illness (CI) claims between January and September 2022. The mutual revealed more than 258 people were supported after they received a life-changing diagnosis, including...

Royal London has adapted its underwriting process for income protection (IP) customers who move to less risky jobs or are seeking to shorten their deferred period. The mutual revealed these customers can...

The winners of the UK Health & Protection Awards 2022 were revealed at a glittering ceremony at the London Hilton Park Lane. Watch the video highlights below of the night as the...

The Financial Conduct Authority (FCA) has emphasised insurers must have good insight of the appointed representatives (ARs) they work with in regards to the incoming Consumer Duty. ARs have been a key...