Individual Protection
Truss told now is not the time for regulatory merger and benefits must be clear
Advisers are warning Liz Truss now is not the time to merge the country's financial watchdogs and any proposal to do so must clearly define any benefits the move would bring. They...
Read moreTruss would merge FCA, PRA and PSR – reports
Prime ministerial candidate frontrunner Liz Truss is considering merging the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payments Systems Regulator (PSR) should she win the race to succeed...
Read moreBoard appointments ‘another important step’ to AIG life and retirement IPO
AIG chief executive officer Peter Zaffino has described the insurer's latest board appointments as "another important step" in its preparation for spinning off its life and retirement business Corebridge Financial. Earlier this...
Read moreUK going through ‘very dodgy’ period as inflation soars past 10%
People will inevitably pay less into insurance and pensions as the country goes through a "very dodgy" period in which inflation continues to soar, according to Highclere Financial Services and CI Expert...
Read moreUnum UK sales up 20% but claims numbers and costs rise as inflation bites
Unum has seen UK sales and premium income rise notably during the second quarter of the year, but claims incidence and costs also grew as inflation hit. The insurer's results for April...
Read morePersonal Finance Society appoints interim CEO
The Personal Finance Society (PFS), the professional body for the financial planning profession in the UK, has appointed Don MacIntyre as interim CEO. Last month the PFS board said it was recruiting...
Read moreFCA slams protection industry for slow compliance with fair value pricing and takes action to prevent ‘significant harm’
The Financial Conduct Authority (FCA) has slammed general insurance and pure protection manufacturers and distributors for failing to get to grips with its final rules on insurance pricing and enhanced product governance....
Read moreFCA expects insurers to tell distributors how commission affects product value
The Financial Conduct Authority (FCA) has told insurers and other providers that it expects them to tell advisers and distributors how their commission affects the value of the product for consumers. The...
Read moreAIG defers life and retirement business IPO
AIG is deferring the initial public offering (IPO) of its life and retirement business that would see it sold off as a separate entity. This would include the UK operation which provides...
Read moreNeos Life appoints Iptiq’s Georges as head of sales
Australian life insurer Neos Life has appointed Harry Georges as head of sales. Georges succeeds Charl du Plooy who is moving to the role of head of culture and performance. Before joining...
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Customers releasing sensitive data making AI-generated enquiries – Knowles
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