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FCA protection gap proposals include targeted support and IP exploration
The Financial Conduct Authority (FCA) has proposed a series of actions and options it can undertake to help the protection insurance industry close the protection gap. These include extending its targeted support...
Read moreFCA resists banning loaded premiums despite being in quarter of sales
The Financial Conduct Authority (FCA) does not expect to be making significant interventions including the banning of loaded premiums in the protection market. The regulator highlighted that loaded premiums and restricted panels...
Read moreFCA wants to help close protection gap
The Financial Conduct Authority (FCA) wants to help the protection insurance industry close the consumer protection gap. Furthermore, while the FCA is proposing some modest measures, it said it was not anticipating...
Read moreZurich updates group CI definitions and accepts multiple partner claims
Zurich is making a series of updates to it's group critical illness (CI) product’s features and benefits including accepting multiple claims and changes to some condition definitions. The insurer will now accept...
Read moreHouse of Lords Protection Roundtable: Loaded commission likely target for FCA
Abigail Montrose hears how the protection industry is viewing the FCA’s review of the market and how greater transparency is seen as a good thing. The Financial Conduct Authority’s (FCA) ongoing...
Read moreAMII adds Lloyd & Whyte Health & Wellbeing as intermediary member
Lloyd & Whyte Health & Wellbeing has joined the Association of Medical Insurers and Intermediaries (AMII) as an intermediary member. Part of Lloyd & Whyte Group, the intermediary firm provides a range...
Read moreCoreco Network mortgage and protection leader to feature on The Apprentice
The Apprentice is to feature another leader from a mortgage and protection advice firm. Among the candidates vying for the crown of business partner to Lord Alan Sugar in this year’s competition...
Read moreEconomic abuse: One in five think being taken off insurance is ‘not serious’ – Axa
More than a fifth of UK adults believe being removed from an insurance policy could be easily dismissed as ‘normal’ or ‘not serious’ in a relationship, according to research by Axa UK....
Read moreHow well do lead generation firms fit advisers’ needs for sourcing new customers? – analysis
Growing an advice business is rarely a simple task and while lead generation can play an important role when an intermediary is starting out, it appears advisers have had limited success when...
Read moreMany under 40s rarely save in case they are unable to work – OneFamily
Four in 10 (44%) 18 to 40 year olds rarely or never set money aside in case they are ever unable to work, according to research from OneFamily. Women, renters, those with existing...
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