Protection
Aon’s final WTW bill could hit $1.4bn as health broking revenue rebounds
Aon has revealed the final bill for its failed merger with Willis Towers Watson could hit $1.4bn. The global consultant confirmed that a further $350m to $400m charge is expected as a...
Read moreAdviser to lobby MP on extending auto enrolment to income protection
The auto enrolment system should be extended to include income protection (IP) according to Prosperis head of employee benefit consulting Steve Ellis, and he intends to ensure his MP understands the necessity...
Read moreInitial research indicates advisers are resuming face-to-face client meetings
Some advisers have already resumed face-to-face client meetings, according to research from insurer Zurich. The survey of 56 advisers this month revealed 68% had resumed such meetings, with a similar number (66%)...
Read moreMid-size advisers see PII premiums slashed as largest firms pay up
Professional indemnity insurance (PII) costs saw dramatic swings for insurance intermediaries in 2020. According to data from the Financial Conduct Authority (FCA), the largest advice firms earning more than £10m per year...
Read moreBig firms get richer as insurance intermediary revenues rise
Insurance intermediaries saw their revenue rise 1.8% last year to reach £17.6bn – up from £17.29bn in 2019. The £313m increase was mostly driven by a £235m rise in insurance-related income, but...
Read moreIress in sale talks after rejecting $2.63bn bid
Iress is in talks over a potential sale to EQT Fund Management after its board knocked back two initial bids to purchase the Australia-based financial software firm. In the UK the firm...
Read moreAdviser aims to add to Team GB Tokyo gold rush
It has been raining medals for Team GB at this summer's Olympics, with the likes of Adam Peaty, Tom Daley, Matty Lee and Tom Pidcock claiming gold medals at the Tokyo games....
Read moreMental wellbeing at work higher priority than physical health
More people prioritise mental wellbeing than physical health, according to Legal & General Group Protection's Wellbeing at Work Barometer. The SME-based research found mental health was a top wellbeing priority for 61%...
Read moreEmployees choose savings pots over protection insurance
While interest in protection insurance is growing, far more employees opt to protect themselves via an emergency savings pot, according to a report from Close Brothers. The survey, Expecting the unexpected: a...
Read moreFCA continues diversity push with ‘comply or explain’ rules for listed firms
The Financial Conduct Authority (FCA) has put forward a proposal requiring firms to provide statements detailing whether they have hit diversity targets, and where targets have been missed to explain why. The...
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