Protection

CIExpert has included Vitality in its income protection (IP) Insight Zone, which is immediately available to all CIExpert subscribers at no additional cost. Vitality’s IP plan joins those already available from AIG...

Insurance Premium Tax (IPT) raised £6.5bn for the Treasury between April 2023 and January 2024 compared to £5.9bn in the same period of the previous year  according to latest HM Revenue &...

UK businesses will be urged to tackle in-work sickness and stop people from falling out the workforce, following the appointment of Dame Carol Black as the government’s new occupational health tsar. Black,...

SimplyBiz has launched MyLearning Academy, an online learning portal developed in partnership with Competent Adviser. The academy, available from today (21 February) to all SimplyBiz member firms, offers support on a range...

An unnamed insurer has come in for praise from the Financial Conduct Authority (FCA) for highlighting policy exclusions on its website before customers even begin to start applications. In its Consumer Duty...

Canada Life's closure of its individual protection business cost the insurer C$29m, approximately £17.1m, it has reported. This is according to 2023 financial results for the company's parent Great West Life Co...

More than a third (37%) of advice firms have reviewed or changed their fees structure since the Consumer Duty was introduced, according to Sheldon Mills, executive director of consumers and competition at...

The Financial Conduct Authority (FCA) has praised insurers for improving propositions to offer new health and wellbeing benefits and widening policy definitions to cover more customers. In its Consumer Duty implementation: good...

German insurtech Embea has raised €4m to expand its pan-European embedded life insurance platform and add new insurance products to its portfolio. The funding round was led by Atlantic Labs, a Berlin-based...

The Personal Finance Society (PFS) has launched a competency diagnostic tool to identify key areas of training needs to ensure adviser compliance with Consumer Duty. Proficiency+ Consumer Duty was developed in collaboration...