Individual Protection
DHSC calls for evidence to help demystify genetic testing and insurance code
The government is launching a call for evidence to look into how its code on genetic testing and insurance can better define predictive and diagnostic genetic tests as well as outline a...
Read moreSt James’s Place targets adviser recruitment for applicants with disabilities
St James's Place (SJP) is partnering with disabled careers specialist Kaleidoscope Group UK to create a programme to help those overcoming a range of health challenges to train as financial advisers. The...
Read moreFCA slams industry diversity strategies as unsustainable and generic while ignoring culture and customers
Diversity strategies across the financial services sector are not inclusive enough and failing to build diverse talent pipelines leading to unsustainable practices including poaching of senior mangement, the Financial Conduct Authority (FCA)...
Read moreInsurers lead on first day flexible working as candidates snub office-only roles
The insurance sector appears to be ahead of the game when it comes to new government legislation meaning workers can request flexible working from their first day at work. Under the changes...
Read moreChildren’s CI difficult to understand, say third of advisers
Fewer than half of advisers believe they are knowledgeable about children’s critical illness (CI) insurance and one in three say the product line is not easy to understand. The figures came from...
Read moreMortgage Advice Bureau takes 75% stake in protection consultancy Auxilium
Intermediary network and advice firm Mortgage Advice Bureau (MAB) has taken a 75% shareholding in protection consultancy and service provider Auxilium Partnership. Auxilium Partnership will continue to be led by CEO Mark...
Read more‘Cynical’ £500k fraudster jailed after Aviva spots fake claim for brother’s death
A “cynical” fraudster has been jailed for three years after trying to claim more than half a million pounds in life insurance payouts covering his brother from several policies bought after his...
Read moreWe hide behind ‘products need to be sold’ but a lot are bought – McCarthy
Protection Distributors Group chairman Neil McCarthy has sought to scupper the narrative that “protection products are sold not bought”. Speaking at the Protection Review conference, McCarthy told delegates the sector may like...
Read moreFCA ditches fair value assessments for international distribution
The Financial Conduct Authority (FCA) is removing the requirement for fair value assessments to be conducted where non-investment insurance products are distributed through international firms to international customers. However, where these products...
Read moreAviva updates business, D2C and Santander CI plans to meet ABI wordings
Aviva has upgraded its business, direct to consumer and Santander white label critical illness (CI) plans to reflect amended Association of British Insurers model wordings for cancer, dementia and heart attack. In...
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