Protection

The Financial Conduct Authority (FCA) wants the protection industry to increase promotion and take-up of trusts and beneficiary nomination services to improve the claims process. As part of its exploration of protection claims...

The Protection Distributors Group (PDG) has shed light on its market‑wide initiative aimed at addressing weak consumer engagement and understanding of protection. It will begin with a mobilisation phase focused on governance,...

The Financial Conduct Authority (FCA) is urging mortgage advisers and brokers to inform customers about the importance of protection when going through the mortgage buying process. The regulator illustrated examples of good...

The Financial Conduct Authority (FCA) is taking “active regulatory engagement” in targeting the issue of medical evidence delays for consumers seeking protection insurance. It will gather key stakeholders to understand the impact...

The Financial Conduct Authority (FCA) is planning a technology sprint event and regulatory myth-busting webinar to prompt greater development and innovation within the UK protection market. The moves were proposed in the...

The Financial Conduct Authority (FCA) is warning it will continue to monitor outcomes for income protection (IP) customers through its supervisory work and review of market data. While the regulator is not...

The Financial Conduct Authority (FCA) has confirmed it will not ban loaded premiums and will not take forward “more interventionist” remedies on other areas of the pure protection market. This includes product...

The Financial Conduct Authority (FCA) is considering using the submission of tax returns and other major life events such as births to promote awareness of protection insurance. The regulator highlighted the possibilities...

The Financial Conduct Authority (FCA) is leading groups from across the financial services industry to increase consumer take-up of protection, particularly focusing on those disproportionately unprotected. The regulator highlighted several approaches with...

Most consumers approaching or in retirement are unsure whether their protection policy would support them if they were diagnosed with dementia or Alzheimer's disease.  This is according to research carried out with...