Labelled a ‘stealth tax’
Minimum fees up 1%
'It's a concern'
COVER recently hosted a challenging roundtable sponsored by Atos called 'Handling insurance industry disruptors: strategies to win and engaging millennials'.
Pension adviser levy stays same, investment up £4m
Process too complex
A mother and her son have been charged today with fraud after they allegedly conspired to fake the mother's death in Zanzibar to claim £140,000 worth of life insurance.
Will continue to fine firms
Cridland and DWP reports
Follows deal with Canada
Class 4 NICs to be 11% by 2019
Chancellor Philip Hammond has bucked the trend of recent Budgets in making no further increases to insurance premium tax (IPT) although draft legislation to prevent avoidance is being introduced.
GDP growth to hit 2% in 2017
The Health Insurance Group has warned against any further increases to insurance premium tax (IPT) as the Spring Budget takes place next week.
The Financial Conduct Authority (FCA) has today published the first of its two consultation papers on the implementation of the Insurance Distribution Directive (IDD
Melissa Collett discusses why there is legal uncertainty in a recent Financial Ombudsman decision on an Aviva life policy complaint.
Adds new grounds for complaints
With effect from 3 January 2018
1,044 complaints against advisers in six months
The government is set to introduce a tiered structure for probate fees as high as £20k based on the value of the deceased's estate and is investigating whether life insurance policies in trust should be bought forward to pay fees.
Every working adult in the UK would be offered a voucher for a financial health check session with a professional financial adviser, under a proposal developed by the Personal Finance Society.
Legal & General (L&G) releases training programme to test "knowledge and competency" of advisers who sell the insurer's protection products.
The Personal Finance Society (PFS) has launched a financial adviser development programme, offering support to employers of aspiring financial advisers across the UK.
Reliance Mutual has signed an agreement proposing it will be demutualised and all of its business transferred to a newly formed UK life company established by LCCG.