Protection
Further Consumer Duty tweaks needed to tackle ‘significant’ closed book issues – FCA
Further tweaks to the implementation of the Consumer Duty will be needed to help firms navigate "significant" issues connected to closed life insurance books, the Financial Conduct Authority (FCA) has admitted. The...
Read moreReassured adds CFO and non-executive director
Reassured has appointed Ed Wagener as chief financial officer (CFO). Wagener joins the life insurance broker from retail firm Not on the High Street, and was also CFO at Compare the Market...
Read moreOnly 16% of protection policyholders know about added services – Royal London
Research from Royal London has revealed the toll of the pandemic on the nation, with the vast majority of people reporting they experienced events affecting their mental health and feeling they were...
Read moreCanada Life launches mental wellbeing app for all insured firms
Canada Life has launched MyStrength, a mental wellbeing app for all employees of companies that have a protection policy with the insurer - including those staff not directly covered by the scheme....
Read moreUnum extends Help@hand services including unlimited mental health support
Unum UK is adding further services to its Help@hand app, including unlimted mental health support for mild to moderate issues. From 3 April the suite of services being added to the app...
Read moreHelping staff with the cost of living through health and wellbeing benefits – Fosh
At the beginning of the year, economists predicted the UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year. Price rises, high inflation and...
Read moreAdviser fees driven by cost to deliver advice under fair value rules – Allison
The cost to deliver advice should be the key driver to adviser charges under the Consumer Duty's price and value outcome, according to Paradigm Protect. The distributor highlighted key questions the Financial...
Read moreSouth Africans, Australians and Americans worried about retirement health costs
Concerns about meeting healthcare costs in retirement is now a pressing concern for more South Africans, Australians and Americans, according to a report from Smart Future. Its Future of Global Retirement report...
Read moreIntroducing… Bella Streames, Velvet
Bella Streames, protection specialist at Velvet, speaks to Health & Protection about working for her mum Joanna Streames, wanting to encourage more young women into the sector, overcoming imposter syndrome and being...
Read moreFOS receives fewer health and protection insurance complaints but upholds more
The Financial Ombudsman Service (FOS) received fewer private medical insurance (PMI) and dental insurance-related complaints from October to December than the previous three months, but upheld 5% more. Data for third quarter...
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