Individual Protection

Ian Smart is retiring after 38 years in the insurance industry – the majority of which has been at the heart of the intermediated protection market. Smart left his position as product...

The underwriters of the future must become skilled statisticians and get to grips with emerging technologies if they are to meet the needs of both businesses and consumers. This is according to...

All distributors are required to ensure their charges for distributing products or services represent fair value, according to guidance from the Financial Conduct Authority (FCA) on its incoming Consumer Duty. The guidance...

This week the Financial Conduct Authority (FCA) published the final rules and guidance for its landmark Consumer Duty. The rules promise to trigger a major shift in how the financial services industry...

A former mortgage broker has been jailed and disqualified from being a director for a second time after committing mortgage and loan fraud. Cindy Brad from Melton Mowbray illegally obtained £200,000 from...

The Financial Conduct Authority (FCA) has rejected calls to require signposting for consumers who are denied insurance cover because of pre-existing health problems. The regulator already requires signposting in the travel insurance...

Mortgage Advice Bureau (MAB) has taken a majority ownership stake in protection advice firm Vita Financial as it seeks to expand in the protection insurance market. The network said it increased its...

The Financial Conduct Authority's (FCA) failure to explicitly ban loaded premiums under its Consumer Duty means the pressure is on insurers and distributors to justify continuing the controversial practice, according to St...

Scottish Widows  has seen new protection business rise 50% year-on-year and an increase in market share, according to its half-year 2022 results. The results reveal the insurer saw new protection business grow...

Advisers are required to tell the the Financial Conduct Authority (FCA) if they witness other firms in the distribution chain who are not meeting its incoming Consumer Duty, the regulator has announced....