Protection
FOS targets ‘polluter pays’ fee strategy and holds industry levy steady
The Financial Ombudsman Service (FOS) is proposing to charge more for firms which generate more complaints as it seeks to embrace a “polluter pays” approach to its funding. The regulator has also...
Read moreFCA warns protection insurers to support customers with arrears and eyes expanding Covid guidance to cover financial difficulty
The Financial Conduct Authority (FCA) has warned protection insurers may see more policies lapsing or being cancelled through the cost of living crisis and that they should monitor these numbers, understand the...
Read moreYuLife partners with Bupa to offer dental insurance for employees
YuLife is to offer its members the option of purchasing group dental insurance cover through a partnership with Bupa. The move follows feedback from in-app surveys among YuLife members which revealed dental...
Read moreFCA reviewing funding classes and compensation limits of FSCS
The Financial Conduct Authority (FCA) will review the way the Financial Services Compensation Scheme (FSCS) is funded by the industry and the level of protection it offers. The FCA ruled out the...
Read moreLondon & Country adds Aviva, Guardian and LV= as preferred CI providers
London & Country has appointed Aviva, Guardian and LV= as preferred critical illness (CI) providers for its protection advice process. The trio join existing preferred providers Legal & General and Scottish Widows....
Read moreDHSC 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 moreHow the pandemic and a cost of living crisis changed what employees want from wellbeing services – analysis
The pandemic has left its mark on the country in the form of unprecedented wait times for NHS treatment or to see the family doctor. It has also created a revolution in...
Read moreEmployers expect staff financial difficulties to increase in 2023 – Partners&
Almost all employers surveyed by intermediary Partners& think the financial difficulties currently being experienced by their employees will increase in 2023. The survey of 169 senior HR, finance, and C-suite professionals found...
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 moreGallagher buys Minnesota employee benefits agency
Arthur J. Gallagher & Co has acquired Minnesota-based Mahowald Insurance. Terms of the transaction including the price were not disclosed. Founded in 1930, Mahowald is a retail insurance agency offering commercial and...
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Bupa genetic risk testing service to go live next week
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Advisers miss AIG Life’s portal, SME pricing, non-smoker rates and mental health support
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Employers pushing IPMI in fight against rising medical inflation – analysis
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National Dog Day: ‘Beagirls’ and ‘barketing manager’ boost wellbeing among protection and health advisers
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Due diligence completed in Spire takeover as fresh funding deadline agreed
